Avenue Supermarts Issues Rs 300 Crores in Commercial Paper
Avenue Supermarts Limited has announced the issuance of Commercial Paper worth Rs 300 crores. The instrument is set for listing and details regarding its tenure, coupon rate, and security structure have been confirmed.The Company is raising the capital through this commercial paper issue, which is slated to be listed on the BSE Limited. The total size of the issue stands at Rs 300 crores.
Key terms of the Commercial Paper issuance are as follows:
| Feature | Details |
|---|---|
| Issue Size | Rs 300 crores |
| Listing Status | Proposed to be listed on BSE Limited |
| Tenure | 90 days |
| Allotment Date | August 11, 2026 |
| Maturity Date | November 9, 2026 |
| Coupon Rate | 6.70% |
| Interest Payment Date | November 9, 2026 |
| Security Charge | Unsecured |
Avenue Supermarts Limited has secured an ICRA rating of A1+ for the instrument. The financial details confirm that there are no applicable special rights or interests concerning this transaction.
DMART Stock Price Movement
Today, Avenue Supermarts Limited shares edged up to settle at ₹4054.9 after gaining 0.02% in post-market trading. The stock saw a traded volume of 413,763 shares during the session.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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