Ashoka Buildcon Issues ₹50 Cr Commercial Papers Due Feb 2026
Ashoka Buildcon Limited has announced the issuance of Commercial Papers (CPs) worth ₹50 Crore on December 30, 2025. The tenure of these CPs is 59 days from the date of allotment, with a maturity date ...
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Why is Ashoka Buildcon Limited in the news today?
Ashoka Buildcon Limited (ASHOKA) is in the news due to the issuance of commercial papers is a routine financing activity and does not inherently indicate a positive or negative development for the company.
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Ashoka Buildcon Issues ₹50 Cr Commercial Papers Due Feb 2026
December 30, 2025, 11:52 AM
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Ashoka Buildcon Limited has announced the issuance of Commercial Papers (CPs) worth ₹50 Crore on December 30, 2025. The tenure of these CPs is 59 days from the date of allotment, with a maturity date set for February 27, 2026. The coupon or interest offered on this issuance is 6.72%, payable upfront.
The Board of Directors of Ashoka Buildcon Limited had previously approved the issuance of Commercial Papers up to an amount of ₹300 Crore outstanding at any point of time, in one or more tranches, during its meeting held on August 11, 2025. These CPs are unsecured, and there are no special rights attached to them. The company has confirmed that there is no amount of commercial papers due as on the date of this announcement.
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