Afcons Infrastructure issues Rs 25 crore commercial papers at 8.05%
Afcons Infrastructure Limited has raised ₹25 crore through the issuance of commercial papers on a private placement basis. The unsecured instruments carry a coupon rate of 8.05% per annum and have a tenure of 182 days, maturing on December 03, 2026. The papers were issued in favor of The Maharashtra State Co-Operative Bank Ltd and carry a credit rating of Crisil A1+.

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Afcons Infrastructure Limited has raised ₹25 crore through the issuance of commercial papers on a private placement basis. The unsecured instruments carry a coupon rate of 8.05% per annum, providing the company with short-term working capital. The issuance was completed on June 04, 2026, and the papers are proposed to be listed on the National Stock Exchange of India Limited.
The commercial papers have a tenure of 182 days, with a maturity date set for December 03, 2026. Interest payments are scheduled to be made upfront. The issuance was made in favor of The Maharashtra State Co-Operative Bank Ltd. The instruments carry a credit rating of Crisil A1+.
Details of the Issuance
The following table outlines the key specifics of the commercial papers issued by the company:
| Particulars | Details |
|---|---|
| Issue Size | ₹25 Crores |
| Listing | National Stock Exchange of India Limited |
| Tenure | 182 days |
| Date of Allotment | Thursday, June 04, 2026 |
| Date of Maturity | Thursday, December 03, 2026 |
| Coupon/ Interest offered | 8.05 % p.a. |
| Payment Schedule | Upfront |
| Security | Unsecured |
| Issued in favor of | The Maharashtra State Co-Operative Bank Ltd |
| Credit Ratings | Crisil A1+ |
The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Gaurang Parekh, Company Secretary and Compliance Officer, signed the filing on behalf of the company.
Historical Stock Returns for Afcons Infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.05% | +0.49% | -6.56% | -20.16% | -24.18% | -32.60% |
How will Afcons Infrastructure utilize the ₹25 crore working capital to support its current project pipeline?
What is the likelihood of Afcons increasing its reliance on short-term commercial papers given the current interest rate environment?
Will this successful issuance encourage the company to approach the debt market for larger, long-term financing in the near future?


































