Avenue Supermarts has redeemed 1,000 Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 100 crore, which was allotted on September 27, 2019 has been redeemed on March 27, 2020, prior to its stated date of redemption i.e. September 24, 2021.
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.