05-Aug-2026      19:44

Avenue Supermarts' Commercial Paper limit enhanced to Rs. 1,300 crore by ICRA

Avenue Supermarts Ltd announced that ICRA Limited has reaffirmed and assigned an enhanced limit for its Commercial Paper at Rs. 1,300.00 with a rating of [ICRA]A1+, previously enhanced from Rs. 800 crores, and also reaffirmed the rating for its Commercial Paper at Rs. 1,300.00 with a rating of [ICRA]A1+, subject to Financial Sector Regulator; RBI, alongside a Debt Securities Programme with a rating valid throughout the life of the programme (max maturity 12 months) requiring revalidation if not issued within 3 months, and carrying a Sensitivity Label: Restricted; no other rating agencies were involved in this announcement.

News source: Capital Market - Live News