Avenue Supermarts has raised fund through issuance of Commercial Paper (CP) worth Rs 50 crore. The company has issued CP on April 9, 2019 and will mature on June 24, 2019. The rating agency, CRISIL has assigned ‘A1+’ rating to the instrument.
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.