ICRA Assigns AAA Rating to Avenue Supermarts Limited Non-Convertible Debentures
Avenue Supermarts Limited secured a strong credit rating for its Non-Convertible Debentures (NCDs) after ICRA Limited assigned a rating of AAA (Stable).The rating assessment covers the company's NCDs, with ICRA's Rating Committee finalizing the rating for the instruments.
According to the details provided by the rating agency, the assigned rating is as follows:
| Rated Instrument | Rated Amount | Rating |
|---|---|---|
| Non-Convertible Debentures (Proposed) | Rs. 1,000 crores | ICRA AAA (Stable) |
| Total | Rs. 1,000 crores |
The rating was assigned by ICRA Limited on August 24, 2026.
The rating is specifically tied to the terms and conditions of the instruments, and the rating assigned by ICRA is intended to be an opinion, not a recommendation to buy, sell, or hold the rated instrument.
DMART Stock Price Movement
Avenue Supermarts Limited closed today gaining 0.87%, settling at ₹3940 after the market session concluded. The stock traded within a day range between a high of ₹3940 and a low of ₹3876, with a total volume of 214,118 shares recorded.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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