Ashoka Buildcon Ltd Issues Rs. 100 Crore in Commercial Papers
Ashoka Buildcon Ltd announced the issuance of Commercial Papers (CPs) amounting to Rs. 100 Crore on April 08, 2026. The details regarding this debt instrument transaction provide specifics on the tenure, coupon rate, and payment schedules for the investors.The Commercial Papers, bearing ISIN: INE442H14527, were allotted on April 08, 2026, with a maturity date set for July 07, 2026. These papers carry a coupon/interest rate offered at 7.45%.
The payment structure for the instrument is detailed as follows:
- Interest payment is scheduled upfront.
- The principal amount is scheduled for payment on the maturity date, July 07, 2026.
The Company also clarified that the CPs are unsecured, and no special rights or privileges are attached to the instrument.
A review of the operational aspects of the issuance revealed that the Board of Directors approved the issuance of Commercial Papers, allowing for an outstanding amount of up to Rs. 300 crore at any point in time, through one or more tranches, during a Board meeting held on August 11, 2025.
The terms of the recently issued Commercial Papers are presented in the following table:
| Detail | Value |
|---|---|
| Size of the issue | Rs. 100 Crore |
| Listing of Commercial Papers (Proposed) | BSE Limited |
| Tenure of the instrument | 90 days from the date of allotment |
| Date of allotment | April 08, 2026 |
| Date of maturity | July 07, 2026 |
| Coupon/interest offered | 7.45% |
| Schedule of payment of interest | Upfront |
| Schedule of payment of Principal | Payment on Maturity date July 07, 2026 |
| Charge/security, if any, created over the assets | CPs are unsecured |
In separate communications regarding debt obligations, the Company noted that there is no amount of commercial papers due as of date.
ASHOKA Stock Price Movement
Today, Ashoka Buildcon Limited shares edged higher to close at ₹121.82, marking an 8.88% gain for the day. The stock settled on positive momentum, supported by a trading volume of 2.30 million shares.Source:
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