Ashoka Buildcon Issues ₹50 Crore Commercial Papers Maturing March 2026
Ashoka Buildcon Limited announced the issuance of Commercial Papers (CPs) amounting to ₹50 Crore on December 23, 2025. The ISIN for these CPs is INE442H14485. The instrument has a tenure of 90 days fr...
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Why is Ashoka Buildcon Limited in the news today?
Ashoka Buildcon Limited (ASHOKA) is in the news due to the announcement is a routine debt issuance and does not contain any information that positively or negatively impacts the company's financial standing or future prospects.
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Ashoka Buildcon Issues ₹50 Crore Commercial Papers Maturing March 2026
December 23, 2025, 11:25 AM
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Ashoka Buildcon Limited announced the issuance of Commercial Papers (CPs) amounting to ₹50 Crore on December 23, 2025. The ISIN for these CPs is INE442H14485. The instrument has a tenure of 90 days from the date of allotment, with the maturity date set for March 23, 2026.
The coupon or interest offered on these CPs is 6.90%, with interest and principal payments scheduled upfront and on maturity, respectively. These CPs are unsecured, and there are no special rights attached to them. The company confirmed that there is no delay or default in payment of interest or principal.
This issuance is in line with the Board's approval on August 11, 2025, which authorized the issuance of Commercial Papers up to an amount of ₹300 Crore outstanding at any point in time, in one or more tranches.
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