Ashoka Buildcon incorporates SPV for Gems & Jewellery Park in Raipur

Ashoka Buildcon has incorporated a new Special Purpose Vehicle (SPV), Ashoka - RDB Infrastructure & Development Private Limited, to develop a Gems & Jewellery Park in Raipur. The company holds a 51% stake in the newly formed entity, which was established on July 15, 2026, in partnership with RDB Real Estate Constructions Limited. The project will be executed under the Public-Private Partnership (PPP) model, targeting the development of specialised infrastructure for the gems and jewellery trade at Krishi Upaj Mandi, Mandi Road, Pandri, Raipur (Chhattisgarh).

Project and Investment Details

The SPV has been incorporated within the real estate industry to undertake the specific project. Ashoka Buildcon subscribed to 5,100 equity shares of ₹10 each, aggregating to ₹51,000, to acquire its majority stake. The consideration for the subscription was made entirely in cash.

Parameter	Details
Entity Name	Ashoka - RDB Infrastructure & Development Private Limited
Date of Incorporation	July 15, 2026
Location	Raipur, Chhattisgarh
Project Type	Gems & Jewellery Park
Development Model	Public-Private Partnership (PPP)
Ashoka Buildcon Stake	51%
Shares Subscribed	5,100 equity shares
Subscription Amount	₹51,000

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.56%	-4.68%	-9.65%	-13.30%	-39.52%	+15.57%

Ashoka Buildcon Limited has redeemed commercial papers worth Rs 100 crore on the due date, July 14, 2026. The company paid the entire redemption amount, including interest, on maturity. The interest payment amounted to Rs 173.71 lakh, which represents the difference between the issue price and the face value of the papers issued at a discount.

The disclosure was made under Regulation 57(1) of the SEBI (LODR) Regulations, 2015. The company confirmed that the redemption was a full redemption of 2,000 commercial papers identified by the ISIN INE442H14535. There is no outstanding amount remaining following this transaction.

Details of Interest Payments

The following table outlines the specifics of the interest payments made by the company:

Sr. No.	Particulars	Details
1	ISIN	INE442H14535
2	Issue Size	Rs.100 Crore
3	Interest Amount to be paid on due date	Rs.173.71 Lakh
4	Frequency	On Maturity date
5	Change in frequency of payment	NA
6	Details of such change	NA
7	Interest payment record date	08-07-2026
8	Due date for interest payment	14-07-2026
9	Actual date for interest payment	14-07-2026
10	Amount of interest paid	Rs.173.71 Lakh
11	Date of last interest payment	14-07-2026
12	Reason for non-payment/ delay in payment	NA

Details of Redemption Payments

The company provided a detailed breakdown of the redemption process, confirming that the payment was made on the scheduled maturity date without any delay.

Sr. No.	Particulars	Details
1	ISIN	INE442H14535
2	Type of Redemption	Full
3	If Partial Redemption, then: By face Value Redemption	NA
4	If redemption is based on quantity, specify	NA
5	Reason for redemption	Maturity
6	Redemption date due to put option	NA
7	Redemption date due to call option	NA
8	Quantity redeemed (no. of CPs)	2,000
9	Due date for redemption/ maturity	14/07/2026
10	Actual date for redemption	14/07/2026
11	Amount redeemed	Rs.100 Crore
12	Outstanding amount	Nil
13	Date of last Interest payment	14/07/2026