Loan & Debt11 Jul 2026, 04:50 pm
Avenue Supermarts Approves ₹1,000 Cr NCD Issuance
AI Summary
Avenue Supermarts Ltd announced that its Board of Directors, in a meeting held on July 11, 2026, approved the issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹1,000 crore. The NCDs will be issued in one or more tranches on a private placement basis. Further details as required by SEBI regulations will be submitted at the time of issuance and allotment. The board meeting commenced at 1:30 p.m. and concluded at 2:50 p.m.
Key Highlights
- Board approved issuance of Non-Convertible Debentures.
- Total issuance amount up to ₹1,000 crore.
- NCDs to be issued on a private placement basis.
- Details to be submitted upon issuance and allotment.
Price Impact
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