Avenue Supermarts Limited has allotted commercial paper worth ₹500 crore on September 30, 2026. The short-term debt instrument carries a coupon rate of 6.12% and a tenure of 90 days, maturing on December 29, 2026.

The issuance is structured as an unsecured instrument, meaning no specific assets have been pledged as collateral. Despite the lack of security, the paper received a high credit rating of ICRA A1+, indicating very strong capacity for timely repayment of financial obligations.

Instrument details

The company filed this disclosure with BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The instrument is proposed to be listed on the BSE.

Funding profile

The choice of a 90-day tenure suggests the company is utilizing this facility for working capital needs or bridging short-term liquidity gaps rather than long-term capital expenditure. The principal and interest are scheduled to be paid in full on the maturity date, December 29, 2026.

No special rights, interests, or privileges are attached to this instrument. There are currently no delays in payment of interest or principal amounts reported for this specific issuance.

Avenue Supermarts Limited confirmed the full redemption of commercial papers worth ₹300 crore on September 29, 2026. The retail chain settled the entire outstanding liability upon maturity, ensuring no residual debt remains for this specific instrument.

This redemption follows the settlement of another ₹200 crore tranche matured on September 28, 2026. Together, these transactions indicate the complete extinguishment of ₹500 crore in short-term commercial paper liabilities within a two-day window.

The redemption was executed in compliance with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025. This regulatory framework governs the listing and redemption processes for short-term debt instruments like commercial papers.

Redemption details

The company redeemed 6,000 units of commercial papers at their face value. The payment was made directly to the holders on the scheduled maturity date, with no partial or early redemption involved.

Compliance and settlement

Ashu Gupta, Company Secretary and Compliance Officer, signed the confirmation filed with both BSE and NSE. The filing serves as formal notification that the maturity proceeds were duly paid to the instrument holders. Since the redemption was based on maturity rather than a call or put option, no additional option exercise fees or adjustments were applicable.

The absence of any outstanding amount post-redemption indicates that this specific tranche of short-term borrowing has been completely extinguished from the company’s immediate liabilities.