Nomura India Investment Fund Mother Fund has bought 32.33 lakh shares of Avenue Supermarts through the open market route. The shares were purchased on an average price of Rs 604.84 valuing the transaction to Rs 195.60 crore.

Avenue Supermarts is an emerging national supermarket chain, with a focus on value-retailing. The company offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories.