Avenue Supermarts Ltd, which operates the D-Mart retail chain stores, has raised Rs 100 crore in short-term debt through the issuance of commercial paper.
The commercial paper, which has been issued on Monday and will mature after 91 days on December 29, 2025, bears a coupon rate of 6 per cent.
The said commercial paper (CP) is “proposed to be listed on the BSE,” said a regulatory filing by the company. The CP has a Credit Rating of ‘ICRA A1+’, it added.
In a separate filing, Avenue Supermarts informed that it has opened a new store in New Delhi at Epicah Mall & Business Centre, Moti Nagar on Tuesday.
With this, the total number of D-Mart stores "as on date stands at 431", it added.
Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across ma