Avenue Supermarts Allots Rs 300 Crore Commercial Paper Offering
Avenue Supermarts Ltd has announced the allotment of Commercial Paper amounting to Rs 300 crores. The instrument is set to be listed on the BSE Limited.The commercial paper details specified that it is unsecured and carries an interest rate of 6.60%. The tenure of this financial instrument is 85 days, starting from the date of allotment up to its maturity.
The details regarding the issuance are summarized below:
| Feature | Detail |
|---|---|
| Size of Issue | Rs 300 crores |
| Security Status | Unsecured |
| Coupon/Interest Offered | 6.60% |
| Allotment Date | July 6, 2026 |
| Maturity Date | September 29, 2026 |
The instrument will mature on September 29, 2026, with the coupon payment scheduled at maturity. Avenue Supermarts Ltd has confirmed that there are no special rights or privileges attached to the commercial paper and no provision for delay in payment of interest or principal is noted against the instrument.
DMART Stock Price Movement
Today, Avenue Supermarts Limited shares edged higher to close at ₹4064.70 after settling up 1.49%. The stock saw active trading in the post-market session, registering a volume of 610,591 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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