Avenue Supermarts Limited has informed the Exchange about allotment of Commercial Paper of Rs. 500 crores
DMART · price
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Avenue Supermarts Limited (DMART) has allotted Commercial Paper worth Rs. 500 crores. The instrument has a tenure of 80 days, with allotment on 10th April 2026 and maturity on 29th June 2026. The coupon rate offered is 6.60%, payable at maturity. The CP is unsecured and has received the highest short-term credit rating of ICRA A1+. It is proposed to be listed on BSE Limited.
This is a routine short-term borrowing exercise for working capital management. The top-tier A1+ rating reflects DMART's strong creditworthiness. The issuance is neutral for shareholders as it is a standard liquidity management tool rather than a long-term capital commitment.