Avenue Supermarts has redeemed 1,000 Secured Rated Unlisted Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each aggregating to Rs 100 crore, which was allotted on October 17, 2019.The Company has redeemed 1,000 NCD on March 17, 2020, prior to its stated date of redemption i.e. November 16, 2020.
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.