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Avenue Supermarts' Commercial Paper limit enhanced to Rs. 1,300 crore by ICRA
05-Aug-2026, 07:44
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.
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.