Ashoka Buildcon Limited has successfully completed the full redemption of its Non-Convertible Debentures (NCDs) Series III on April 23, 2026. The company informed BSE Limited and National Stock Exchange of India Limited about the completion of this scheduled debt redemption under Regulation 57 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Debenture Redemption Details

The company redeemed 10,000 rated, listed, senior, unsecured, redeemable Non-Convertible Debentures of Series III in full on the scheduled maturity date. Each debenture carried a face value of ₹1,00,000, with the total redemption amount aggregating to ₹100 crore.

Debenture Specifications

The NCDs were listed on the Wholesale Debt Segment of BSE Limited and carried the ISIN INE442H08032. The debentures were classified as senior, unsecured, redeemable instruments with a coupon rate of 8.75%. The ISIN description reads "ASHOKA BUILDCON LIMITED SR III TR 1 8.75 NCD 23AP26 FVRS1LAC".

Regulatory Compliance and Payment

The company completed both principal and interest payments to all debenture holders on the scheduled due date. The redemption was executed as per the original terms and conditions of the debenture issuance, demonstrating the company's commitment to honoring its debt obligations.

Company Secretary Manoj A. Kulkarni, with ICSI Membership No. FCS – 7377, signed the regulatory filing confirming the completion of the redemption process. The official communication was addressed to both BSE Limited and National Stock Exchange of India Limited, ensuring full regulatory compliance and transparency in the debt redemption process.

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.