Unilever veteran Anshul Asawa to take over as DMart CEO in Feb 2026: Report

Avenue Supermarts Ltd. named Anshul Asawa as its chief executive officer-designate after the Indian operator of retail chain DMart posted profit that missed estimates amid competition from e-commerce companies expanding their rapid deliveries business.

Asawa, a 30-year veteran of Unilever Plc, will join as CEO-designate in March and formally take over from Ignatius Navil Noronha from February 2026, the Mumbai-based company said in a filing Saturday. Noronha, who owns 1.95% of DMart, will continue as CEO in the interim. The company has also elevated two executives as senior management personnel.