Avenue Supermarts Restricted introduced on Saturday (March 14 )the appointment of Kalpana Unadkat because the chairperson of the corporate.
The corporate, which operates the DMart grocery store chain, mentioned in an announcement that Unadkat will exchange Chandrashekhar Bhave because the Chairman of the Board on April 1.
“We hereby inform you that Mr. Chandrashekhar Bhave (DIN: 00059856), Chairman of the Board will full his second time period as an Impartial Director on sixteenth Could, 2026,” the Avenue Supermarts Restricted mentioned in a letter to BSE Restricted, Company Companies Division, on March 14, 2026.
It knowledgeable that the Board of Administrators held a gathering on Saturday, March 14, 2026, and authorised the “appointment of Ms. Kalpana Unadkat (DIN: 02490816), Impartial Director as Chairperson of the Firm w.e.f. 1st April, 2026.”
“Consequently, Mr. Chandrashekhar Bhave shall stop to be the Chairman from the shut of enterprise hours on thirty first March, 2026,” the corporate wrote.
Kalpana Unadkat’s time period as chairman ends on Could 16, 2026.
Who’s Kalpana Unadkat?
Kalpana Unadkat has 25 years of expertise in company regulation, governance, and cross-border M&A transactions, as per the NSE submitting. She is a “dual-qualified solicitor” in India and the UK.
Unadkat was earlier a Senior Companion at Khaitan & Co and Co-Head (India Apply) at Ashurst, a global regulation agency primarily based in London, the place she suggested world firms on cross border M&A and strategic joint ventures, the NSE submitting learn.
“On the Board, Unadkat brings deep experience in company governance, regulatory frameworks, and board effectiveness,” a quick profile of Unadkat as shared by the corporate within the NSE submitting learn.
Unadkat is extensively recognised as an authority on company
governance and board management. She brings a collaborative management method that encourages open dialogue, balanced deliberation, and powerful board engagement,” the submitting said.
Past her skilled advisory work, Unadkat additionally contributed considerably to advancing governance management in India.
She usually engages with boards and senior executives on issues of board effectiveness, management, and governance stewardship, drawing on her intensive worldwide expertise.
“By these engagements, she has mentored and influenced greater than 200 administrators and senior leaders, contributing to stronger boardroom management and governance requirements throughout organisation,” the assertion added.