Ashoka Buildcon Limited Completes Full Redemption of NCD Series II
Ashoka Buildcon Limited announced the timely and full redemption of its Non-Convertible Debentures (NCDs) - Series II on April 16, 2026. The company successfully redeemed the debt instruments, paying both the principal amount and accrued interest to the debenture holders.The company redeemed 10,000 debentures, each valued at Rs.1,00,000/-, aggregating a total amount of Rs.100 Crore. The redemption occurred on the scheduled due date, April 16, 2026.
The debentures redeemed were classified as Senior, Unsecured, Redeemable, Non-convertible Debentures - Series II.
The details concerning the redeemed debt instrument are as follows:
| ISIN | Series | Name of Debt Instrument | ISIN Description | Due Date | Interest Payment Date | Purpose |
|---|---|---|---|---|---|---|
| INE442H08057 | Series II | Senior, Unsecured, Redeemable, NCDs | ASHOKA BUILDCON LIMITED SR II TR 1 8.75 NCD 16AP26 FVRS1LAC | April 16, 2026 | April 16, 2026 | Payment of Principal amount and Interest |
The redemption confirms the company's fulfillment of its financial obligation regarding the noted debt tranche.
ASHOKA Stock Price Movement
Shares of Ashoka Buildcon Limited are edging higher to ₹137.52 as of 3:19 PM today, rallying 1.44% in live trading. The stock finds support from strong interest, with 2.97 million shares already traded in the session.Source:
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