Ashoka Buildcon Redeems Rs.100 Crore Non-Convertible Debentures Series II on Maturity
Ashoka Buildcon Limited completed the redemption of 10,000 Non-Convertible Debentures Series II worth Rs.100 crore on April 16, 2026. Each NCD had a face value of Rs.1,00,000 with an 8.75% interest rate. The company redeemed the debt instruments on their maturity date along with interest payments, fulfilling its obligations to debenture holders and maintaining regulatory compliance.
*this image is generated using AI for illustrative purposes only.
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%.
| Parameter | Details |
|---|---|
| Number of NCDs Redeemed | 10,000 |
| Face Value per NCD | Rs.1,00,000 |
| Total Redemption Amount | Rs.100 Crore |
| Interest Rate | 8.75% |
| Maturity Date | April 16, 2026 |
| ISIN | INE442H08057 |
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.
Historical Stock Returns for Ashoka Buildcon
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.78% | +14.42% | +21.48% | -27.49% | -28.54% | +52.13% |
Will Ashoka Buildcon issue new debt instruments to replace the redeemed NCDs or shift towards equity financing for future capital requirements?
How might the successful redemption impact Ashoka Buildcon's credit rating and borrowing costs for future debt issuances?
What are Ashoka Buildcon's upcoming major infrastructure projects that may require fresh funding in the next 12-18 months?
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