Ashoka Buildcon Limited has successfully completed the redemption of its Commercial Papers worth Rs.50 crore on the scheduled maturity date of March 30, 2026. The company made the disclosure under Regulation 57(1) of SEBI (LODR) Regulations, 2015, confirming timely payment of the entire redemption amount including interest.

Commercial Paper Redemption Details

The redemption process was completed in full on the due date, with no delays or complications reported. The Commercial Papers carried ISIN INE442H14519 and were structured as discount instruments, issued below their face value.

Interest Payment Structure

The Commercial Papers were issued at a discount to their face value, with the interest component representing the difference between the issue price and face value. The total interest amount paid on maturity was Rs.49.11 lakh.

Regulatory Compliance

The disclosure was made in accordance with SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and SEBI Master Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024. These circulars govern the issue and listing of Non-Convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Papers.

Transaction Completion

The redemption was completed due to maturity, with no call or put options exercised. The company confirmed that both interest payment and redemption payment were made as scheduled, with no reasons for non-payment or delays reported. Company Secretary Manoj A Kulkarni digitally signed the disclosure documents on March 30, 2026, confirming the successful completion of all payment obligations related to these Commercial Papers.

Ashoka Buildcon Limited has announced the allotment of additional equity shares in its wholly owned subsidiary Viva Infrastructure Limited (VIL) through a rights issue completed on March 25, 2026. The transaction represents a strategic investment to strengthen the company's infrastructure portfolio.

Share Allotment Details

The company has been allotted 40,02,250 equity shares of Rs.10/- each under the rights issue, representing a total investment of Rs.4.00 crore. This cash consideration transaction was completed at VIL's meeting held on March 25, 2026.

Post-Allotment Holdings

Following this allotment, Ashoka Buildcon Limited now holds 121,06,750 equity shares of Rs.10/- each, fully paid-up in VIL. The subsidiary continues to remain wholly owned by the company, maintaining 100% ownership structure.

About Viva Infrastructure Limited

Viva Infrastructure Limited, incorporated on January 28, 2002, operates in the infrastructure and real estate sector. The company's business activities encompass a comprehensive range of infrastructure development services.

Business Operations

VIL's main business objects include:

• Building, constructing, and operating infrastructural projects on Build-Own-Lease-Transfer (BOLT) basis including roadways, bridges, dams, docks, harbours, and canals
• Development, maintenance and operations of infrastructure facilities including roads, highways, tunnels, waterways, railways, ports, airports, and telecommunications
• Energy generation, distribution and supply from wind mills, wind turbines and renewable energy sources including solar, hydro, wave, tidal, geo-thermal, nuclear and bio-mass

Strategic Rationale

As a pioneer infrastructure development company in road and power sectors, Ashoka Buildcon Limited operates one of the largest road developer companies in India. The investment in VIL, which belongs to infrastructure and real estate business, is expected to add value to the company's overall business operations. The transaction falls under related party transactions as VIL is a wholly owned subsidiary, with no additional interest from promoter or promoter group companies.