DMart Owner Eyes ₹1,000 Crore Bond Sale to Fund New Store Expansion
Avenue Supermarts is planning a Rs 1,000 crore domestic bond sale, its first since 2019, to fund new DMart stores. For retail operators, this signals a shift from internal accruals to debt-funded expansion in India's competitive value grocery segment. The move could accelerate store openings and reshape market dynamics.
Source: moneycontrol.com · Bloomberg