Avenue Supermarts Allots ₹500 Cr Commercial Paper

Avenue Supermarts Ltd has announced the allotment of Commercial Paper worth ₹500 crores. The instrument has a tenure of 90 days, with an allotment date of September 30, 2026, and a maturity date of December 29, 2026. The coupon/interest offered is 6.12%, payable on maturity. The Commercial Paper is unsecured and has received an ICRA A1+ credit rating. This move indicates the company's ability to access short-term debt financing.