Ashoka Buildcon Ltd. Redeems Commercial Paper with Rs. 50 Crore Payment
Ashoka Buildcon Ltd. has redeemed commercial paper totaling Rs. 50 Crore on March 30, 2026, fulfilling all obligations including interest payments. The redemption marks the maturity date for the outstanding commercial paper.Interest amounting to Rs. 49.11 Lakh was paid alongside the principal. The commercial paper, identified by ISIN INE442H14519, was issued with an initial size of Rs. 50 Crore.
Details of Redemption Payment
| Particulars | Details |
|---|---|
| ISIN | INE442H14519 |
| Type of Redemption | Full |
| Reason for Redemption | Maturity |
| Quantity Redeemed (no. of CPs) | 1,000 |
| Redemption Date Due | 30/03/2026 |
| Actual Redemption Date | 30/03/2026 |
| Amount Redeemed | Rs. 50 Crore |
| Outstanding Amount | Nil |
Following the redemption, the outstanding amount for the commercial paper is now Nil. The last interest payment was also made on March 30, 2026.
Manoj A Kulkarni, Company Secretary, confirmed the details.
Source:
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.