Avenue Supermarts completes Rs 200 crore commercial paper redemption | Business Upturn

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Avenue Supermarts has successfully redeemed its commercial papers amounting to ₹200 crore, as confirmed in a recent announcement. The redemption was executed in full, with the maturity proceeds paid to the holders on the due date of 24th March 2026.

The commercial papers, identified by the ISIN INE192R14303, reached maturity, prompting the redemption. A total of 4,000 commercial papers were redeemed, leaving no outstanding amount. The transaction was completed on the scheduled maturity date, ensuring timely fulfilment of the company’s financial obligations.

This redemption marks a significant financial event for Avenue Supermarts, reflecting its commitment to maintaining robust financial management and meeting its debt obligations promptly.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

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TOPICS: Ashu Gupta Avenue Supermarts NSE