Ashoka Buildcon Ltd Issues Commercial Papers Worth Rs 100 Crore to Fund Operations
Ashoka Buildcon Limited announced today that it has issued Commercial Papers (CPs) aggregating Rs 100 Crore. The issuance, made on July 21, 2026, involves 2,000 units of CPs, each valued at Rs 5,00,000/-.The move forms part of the company's debt financing activities. The Commercial Papers are proposed for listing on BSE Limited and have a tenure of 90 days from the date of allotment. Allotment took place on July 21, 2026, with the maturity date set for October 19, 2026.
The CPs carry an interest rate of 7.20%. The company confirmed that the payment of interest will be made upfront, while the principal amount is scheduled for payment on the maturity date, October 19, 2026.
Ashoka Buildcon stated that the CPs are unsecured, and no special rights or privileges are attached to the instrument.
Key details regarding the Commercial Paper issuance are summarized below:
| Parameter | Detail |
|---|---|
| Issue Date | July 21, 2026 |
| Total Issue Size | Rs 100 Crore |
| Listing Exchange (Proposed) | BSE Limited |
| Tenure | 90 days |
| Maturity Date | October 19, 2026 |
| Coupon Rate / Interest Offered | 7.20% |
| Interest Payment Schedule | Upfront |
| Principal Payment Schedule | On Maturity Date (October 19, 2026) |
| Security Status | Unsecured |
The company confirmed that there are no Commercial Papers due for repayment as of the date of issuance. Furthermore, a previous Board meeting held on August 11, 2025, had approved the issuance of Commercial Papers up to an amount of Rs 300 crore outstanding at any given time across one or more tranches.
ASHOKA Stock Price Movement
Ashoka Buildcon Limited shares today gained by 0.43% to close at ₹124.39, marking a positive end to trading. The stock closed well within its trading range and saw a volume of 495,873 shares traded today.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.
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