MoneyWorks4Me

Avenue Supermarts raises Rs 100 crore via NCDs

28 Sep 2019 Evaluate

Avenue Supermarts’ board has allotted 1,000 Secured Rated Unlisted Redeemable Non-Convertible Debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 100 crore on private placement basis. The Committee of Directors at its meeting held on September 27, 2019 has approved and allotted the same.

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.

Peers
Company Name CMP
Avenue Supermarts 3711.95
Trent 2772.20
Vishal Mega Mart 101.30
PN Gadgil Jewellers 609.10
Aditya Birla Life 82.36
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