Avenue Supermarts Limited has successfully completed the redemption of commercial papers worth Rs. 100 Crores that reached maturity on March 30, 2026. The company informed stock exchanges about the completion of redemption proceedings in accordance with regulatory requirements.

Redemption Details

The redemption involved 2000 commercial papers with ISIN INE192R14311, representing a full redemption of the instrument. The maturity proceeds were duly paid to holders as scheduled, with both the due date and actual redemption date falling on March 30, 2026.

Regulatory Compliance

The redemption was executed in compliance with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/000000137 dated October 15, 2025, along with FAQs for Listing of Commercial Papers issued by BSE Limited. The company notified both BSE Limited and National Stock Exchange of India Limited about the successful completion of the redemption process.

Corporate Communication

Company Secretary and Compliance Officer Ashu Gupta signed the regulatory filing on March 30, 2026, confirming that all maturity proceeds had been duly paid to commercial paper holders. The redemption was processed through normal maturity procedures rather than any call, put, or premature redemption options.

The successful redemption demonstrates the company's commitment to meeting its debt obligations on schedule, with no delays or complications in the payment process. With the redemption completed, Avenue Supermarts Limited has no outstanding amount remaining from this particular commercial paper issuance.

Avenue Supermarts Limited has continued its aggressive expansion drive by opening 7 new stores on March 30, 2026, across Gujarat, Karnataka, Tamil Nadu, Delhi, and Chhattisgarh. The latest additions bring the company's total store count to 488, marking an exceptional growth phase with 16 stores opened in just four consecutive days.

Latest Store Openings

The company opened seven strategically located stores on March 30, 2026, spanning across five states in northern, western, and southern India. These new outlets are positioned at Vavol in Gandhinagar (Gujarat), Raichur (Karnataka), Annathanapatti in Salem (Tamil Nadu), Ilavala in Mysore (Karnataka), Haveri (Karnataka), City Centre Mall in Rohini (Delhi), and Devpuri in Raipur (Chhattisgarh).

Store Location Details

The seven new store locations demonstrate the company's comprehensive expansion strategy across diverse markets. Karnataka leads with three new stores in Raichur, Mysore, and Haveri, strengthening the company's southern India presence. The Delhi store at City Centre Mall Rohini enhances coverage in the National Capital Region, while the Gujarat store in Gandhinagar marks expansion into western markets.

Remarkable Expansion Timeline

This latest expansion represents the fourth consecutive day of store openings, showcasing unprecedented operational execution. The company has demonstrated exceptional growth momentum, expanding from 472 to 488 stores within just four days, adding 16 new outlets across multiple states.

Regulatory Compliance

The company maintained its commitment to transparency by formally notifying both BSE Limited and The National Stock Exchange of India Ltd. about the store openings under Regulation 30. The communication was digitally signed by Ashu Gupta, Company Secretary & Compliance Officer, and processed on March 30, 2026, at 18:31:55 +05'30'.

Strategic Market Penetration

With these seven new additions, Avenue Supermarts has achieved remarkable expansion velocity, demonstrating strong operational capabilities and strategic market penetration across India's diverse retail landscape. The company's ability to simultaneously open stores across metro markets like Delhi and tier-2 cities reflects its comprehensive growth strategy and robust supply chain infrastructure.