Avenue Supermarts has announced the issuance of commercial paper worth ₹500 crores. The commercial paper is slated for listing on BSE Limited, with a tenure of 80 days from the date of allotment on 10th April 2026 to its maturity on 29th June 2026.
The commercial paper offers an interest rate of 6.60%, with the payment scheduled upon maturity. The instrument is unsecured and has been assigned a credit rating of ICRA A1+, indicating a high degree of safety regarding timely payment of financial obligations.
No special rights, interests, or privileges are attached to this instrument. Additionally, there are no delays or defaults in the payment of interest or principal reported for a period exceeding three months from the due date.
The issuance does not include any comments or letters regarding payment or non-payment of interest or principal, nor any other matters concerning the security or the assets.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).