Avenue Supermarts Ltd

Avenue Supermarts Ltd has announced the allotment of Commercial Paper worth ₹300 crores. The instrument has a tenure of 85 days, with an allotment date of July 6, 2026, and a maturity date of September 29, 2026. The coupon/interest offered is 6.60%, with the principal and interest payable on maturity. The Commercial Paper is unsecured and has received an ICRA A1+ credit rating. This move indicates the company's access to short-term debt financing.

Avenue Supermarts Ltd has announced that its Board of Directors will convene on July 11, 2026. The primary agenda items include the consideration and approval of the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. Additionally, the board will discuss and potentially approve the raising of funds through the issuance of debt securities via private placement, up to a limit determined by the board. This meeting is scheduled in accordance with SEBI Regulations.

Avenue Supermarts Ltd has released its quarterly update for the end of Q1 FY27 (April-June 2026). The company reported standalone revenue from operations of INR 18,343.49 crores for the quarter ended June 30, 2026. This represents a significant year-on-year growth compared to previous quarters. The total number of stores operated by the company reached 503 as of June 30, 2026, with one store currently closed for reconstruction. The reported revenue is subject to a limited review by the statutory auditors.

Avenue Supermarts Ltd has successfully allotted Commercial Paper worth ₹200 crores. The instrument has a tenure of 90 days, with an allotment date of June 30, 2026, and a maturity date of September 28, 2026. The coupon/interest offered is 6.70%, with the principal and interest 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.

Avenue Supermarts Ltd has announced the opening of a new store located in Pollachi, Coimbatore, Tamil Nadu. This expansion marks a significant milestone for the company, bringing its total store count to 503. The new outlet is expected to enhance the company's retail presence in the region and contribute to its ongoing growth strategy.

Avenue Supermarts Ltd has confirmed the full repayment of Commercial Papers (CP) amounting to ₹500 Crores. The redemption was made on the maturity date of June 29, 2026, with the ISIN INE192R14329. This action signifies the company's adherence to its financial obligations and successful management of its short-term debt instruments. The outstanding amount post-redemption is now Nil.

Avenue Supermarts Ltd has announced the opening of a new store located in Rohini, Delhi. This expansion marks a significant milestone, bringing the company's total store count to 502. The opening is part of the company's ongoing strategy to increase its retail footprint and reach more customers across various locations in India. This development is expected to contribute to the company's revenue growth and market presence.

Avenue Supermarts Ltd has received a request from Mr. Vijay Shankar Chandak, a member of the Promoter Group, to reclassify his shareholding from 'Promoter Group' to 'Public' category. Mr. Chandak holds 7,100 equity shares (0.001% of total equity) which were transmitted to him upon the demise of his spouse, Mrs. Chanda Chandak. He asserts he does not exercise control or management over the company and seeks reclassification as per SEBI regulations. The request is subject to approval from the Board of Directors, Stock Exchanges, and other regulatory authorities.

Avenue Supermarts Ltd has announced the opening of a new store located in Gift City, Gandhinagar, Gujarat. This expansion brings the company's total store count to 501. The opening of this new outlet signifies continued growth and market penetration for the retail chain.

Avenue Supermarts Ltd has successfully allotted Commercial Paper worth ₹300 crores. The unsecured instrument has a tenure of 90 days, with allotment on June 9, 2026, and maturity on September 7, 2026. The coupon rate offered is 7.18%. The Commercial Paper is proposed to be listed on the BSE Limited. The credit rating for this issuance is ICRA A1+, indicating a strong short-term credit quality.