Afcons Infrastructure Issues Commercial Papers worth Rs 25 Crores on Private Placement Basis
Afcons Infrastructure Ltd has announced the issuance of Commercial Papers (CPs) totaling Rs 25 Crores. The CPs were issued on June 04, 2026, through a private placement mechanism.The financial instrument was issued to The Maharashtra State Co-Operative Bank Ltd. and carries an interest rate of 8.05% per annum. Afcons Infrastructure Ltd has established the security over the assets as unsecured for this issue.
The terms and details pertaining to the Commercial Papers issuance are summarized below:
| Feature | Details |
|---|---|
| Issue Size | Rs 25 Crores |
| Date of Allotment | Thursday, June 04, 2026 |
| Tenure | 182 days |
| Date of Maturity | Thursday, December 03, 2026 |
| Coupon/Interest Offered | 8.05% p.a. |
| Interest Payment Schedule | Upfront |
| Principal Repayment Schedule | On maturity (Thursday, December 03, 2026) |
| Charge/Security | Unsecured |
| Allottee | The Maharashtra State Co-Operative Bank Ltd |
| Credit Rating | Crisil A1+ |
The CPs are proposed to be listed on the National Stock Exchange of India Limited. Afcons Infrastructure confirmed that there are no special rights or privileges attached to the instrument and that there is no delay in payment of interest or principal amount for a period exceeding three months from the due date, nor any default in payment of interest or principal.
AFCONS Stock Price Movement
Today, shares of Afcons Infrastructure Limited edged higher in the market, closing at ₹326.30 after gaining 0.90%. The stock traded within an intraday range defined by a low of ₹322.50 and a high of ₹328.85 amidst 165,710 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.