Avenue Supermarts has issued Commercial Paper worth Rs 50 crore. The date of issuance was December 21, 2018 and the instrument will mature on February 20, 2019. The rating agency, CRISIL has assigned ‘A1+’ rating to the company’s Commercial Paper.
Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.