Ashoka Buildcon Limited has successfully completed the redemption of its Non-Convertible Debentures (NCDs) Series I worth Rs.100 crore on the scheduled maturity date of April 09, 2026. The company informed both BSE Limited and National Stock Exchange of India Limited about the timely completion of this debt obligation.

Debenture Redemption Details

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

NCD Specifications

The redeemed debentures carried specific characteristics that made them attractive to institutional investors. The NCDs were senior, unsecured instruments with a fixed interest rate of 8.75% per annum. The complete ISIN description for these instruments was "ASHOKA BUILDCON LIMITED SR I TR 1 8.75 NCD 09AP26 FVRS1LAC".

Payment Completion

Ashoka Buildcon Limited confirmed that both the principal amount and accrued interest were paid to debenture holders on April 09, 2026. The company's communication to the stock exchanges emphasized the timely nature of this redemption, highlighting its commitment to meeting debt obligations as scheduled.

Regulatory Compliance

The redemption notification was signed by Company Secretary Manoj A. Kulkarni and submitted to both major Indian stock exchanges. The company maintains multiple debt instruments listed on exchanges, including Commercial Papers and other NCD series, as indicated by the various debt codes mentioned in the communication.

Ashoka buildcon Limited has issued Commercial Papers worth Rs.100 crore as part of its short-term fundraising initiative, the company announced in a regulatory filing on April 08, 2026. The issuance was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Commercial Paper Details

The Commercial Papers carry the ISIN INE442H14527 and offer investors a competitive coupon rate of 7.45% per annum. The instruments have been structured with a 90-day tenure from the date of allotment, providing a short-term investment opportunity for institutional investors.

Payment Structure and Security

The Commercial Papers follow an upfront interest payment structure, meaning investors receive the interest component at the time of investment. The principal amount of Rs.100 crore will be repaid on the maturity date of July 07, 2026. Notably, these instruments are unsecured, indicating they are not backed by any specific collateral or charge over the company's assets.

Board Approval and Listing Plans

The issuance operates under the broader framework approved by Ashoka Buildcon's Board of Directors during their meeting held on August 11, 2025. The Board had sanctioned the company to issue Commercial Papers up to an aggregate amount of Rs.300 crore outstanding at any point of time, allowing for multiple tranches as per business requirements.

The company plans to list these Commercial Papers on BSE Limited, providing liquidity options for investors in the secondary market. The filing confirms that no special rights, privileges, or interests are attached to these instruments beyond the standard commercial paper features.

Current Status

According to the regulatory disclosure, there are no outstanding commercial papers due as of the filing date, indicating this Rs.100 crore issuance represents a fresh fundraising initiative by the company. The successful allotment demonstrates the company's ability to access short-term capital markets for its working capital and operational requirements.