Avenue Supermarts has completed the acquisition of 26% shareholding of FP Ampere Energy (FPAEPL), a wholly owned subsidiary of Fourth Partner Energy for a total consideration of around Rs 2 crore. Consequently, FPAEPL has become an Associate Company of Avenue Supermarts.

Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.