Ashoka Buildcon Limited has issued Commercial Papers worth ₹100 crore on April 16, 2026, as part of its short-term debt financing strategy. The company informed the stock exchanges about this issuance in compliance with SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015.

Commercial Paper Details

The Commercial Papers carry specific terms and conditions designed for short-term financing needs. The instruments are unsecured and offer competitive returns for investors.

Listing and Payment Structure

The Commercial Papers are proposed to be listed on BSE Limited, providing liquidity options for investors. The payment structure follows a straightforward approach with upfront interest payment and principal repayment on maturity.

The principal amount of ₹100 crore will be paid on the maturity date of July 14, 2026. The interest schedule follows an upfront payment model, meaning investors receive the interest component at the time of investment rather than periodic payments.

Board Authorization and Compliance

The issuance operates under the Board's comprehensive authorization granted on August 11, 2025. The Board approved the issuance of Commercial Papers up to an amount of ₹300 crore outstanding at any point of time, allowing the company flexibility to raise funds in one or more tranches as per business requirements.

Corporate Disclosure

The company has confirmed that there are no Commercial Papers due as of the issuance date, indicating a clean slate for this new financing arrangement. The disclosure was signed by Company Secretary Manoj A. Kulkarni, ensuring proper corporate governance compliance.

The Commercial Papers do not carry any special rights, interests, or privileges beyond standard debt instrument terms. The company has also confirmed no delays in payment history or defaults on previous instruments, maintaining its clean credit record.

Ashoka Buildcon Limited has successfully redeemed its Non-Convertible Debentures Series II worth Rs.100 crore on the scheduled maturity date of April 16, 2026. The company informed both BSE Limited and National Stock Exchange of India Limited about the completion of this debt redemption.

Debenture Redemption Details

The company redeemed 10,000 rated, listed, senior, unsecured, redeemable Non-convertible Debentures of Series II, with each debenture having a face value of Rs.1,00,000. The total redemption amount aggregated to Rs.100 crore. These NCDs were listed on the Wholesale Debt Segment of BSE Limited and carried an interest rate of 8.75%.

Debt Instrument Specifications

The redeemed NCDs were senior, unsecured, redeemable instruments with the ISIN INE442H08057. The debt instrument carried the description "ASHOKA BUILDCON LIMITED SR II TR 1 8.75 NCD 16AP26 FVRS1LAC" and was part of the company's Series II issuance. The redemption included both the principal amount and accrued interest payments to debenture holders.

Regulatory Compliance

The redemption was completed on the due date, demonstrating Ashoka Buildcon's adherence to its debt obligations and regulatory compliance. The company formally communicated this development to both major stock exchanges - BSE Limited and National Stock Exchange of India Limited - as part of its disclosure requirements. Company Secretary Manoj A. Kulkarni signed the intimation letter on April 16, 2026, confirming the successful completion of the redemption process.