DMart appoints Anshul Asawa as CEO Designate, to succeed Neville Noronha
Avenue Supermarts, the parent company of retail chain DMart, has appointed Anshul Asawa as CEO Designate from March 15, 2025. He will assume full responsibilities as MD and CEO of Avenue Supermarts with effect from February 1, 2026, succeeding Neville Noronha, who will step down from the position in January 2026 after choosing not to extend his contract. Asawa joins after a 30-year stint at Unilever.
The appointment
- Effective
- March 15, 2025 as CEO Designate; February 1, 2026 as MD and CEO
- Succeeds
- Neville Noronha
- Announced
- 11 January 2025
Key details
- Predecessor's exit
- Neville Noronha to step down in January 2026
- Predecessor's tenure
- Joined DMart in 2004; more than two decades at the firm
- Asawa's education
- IIT Roorkee and IIM Lucknow alumnus
- Asawa's prior experience
- 30-year stint at Unilever
Career so far
- CEODMart · from Jan 2025
- Country head of Unilever in Thailand and general manager for the home care business in Greater AsiaUnilever
Asawa is an IIT Roorkee and IIM Lucknow alumnus and joins DMart after a 30-year stint at Unilever.
About DMart
Indian hypermarket chain.
- Headquarters
- Mumbai, Maharashtra
- Founders
- Radhakishan Damani
Funding on record
IPO · ₹1,870 crore
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Based on company announcements, filings and reporting by ET Retail. Details were checked against the source on 14 Nov 2026; we add nothing the source does not state.
Key facts
- Company
- DMart
- Person
- Anshul Asawa
- New role
- CEO
- Type
- Appointed
- Date
- 11 Jan 2025
- Source
- Media reports
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