Afcons Infrastructure Raises Rs. 30 Crores Through Commercial Paper Issuance

1 min read     Updated on 14 Nov 2025, 11:33 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
Overview

Afcons Infrastructure Limited has announced the issuance of Commercial Papers worth Rs. 30 crores. The CPs have a tenure of 131 days, with allotment on November 14, 2025, and maturity on March 25, 2026. They carry an interest rate of 7.50% per annum, paid upfront, with principal due at maturity. The unsecured CPs are rated CRISIL A1+ and are proposed to be listed on the National Stock Exchange of India Limited.

24689018

*this image is generated using AI for illustrative purposes only.

Afcons Infrastructure Limited , a prominent player in the infrastructure sector, has announced the issuance of Commercial Papers (CPs) worth Rs. 30 crores on November 14, 2025. This move demonstrates the company's strategic approach to short-term financing and liquidity management.

Key Details of the Commercial Paper Issuance

Particulars Details
Issue Size Rs. 30 Crores
Listing Proposed to be listed on the National Stock Exchange of India Limited
Tenure 131 days
Date of Allotment November 14, 2025
Date of Maturity March 25, 2026
Interest Rate 7.50% per annum
Payment Schedule Interest paid upfront, principal on maturity
Security Unsecured
Credit Rating CRISIL A1+

Implications and Outlook

The issuance of these Commercial Papers highlights Afcons Infrastructure's ability to access short-term funding at competitive rates. The CRISIL A1+ rating assigned to these instruments indicates a strong degree of safety regarding timely payment of financial obligations, reflecting positively on the company's credit profile.

The unsecured nature of these CPs and the interest rate of 7.50% per annum suggest a high level of confidence from investors in Afcons Infrastructure's financial stability and repayment capacity. This issuance may provide the company with increased financial flexibility to manage its working capital needs or fund short-term projects.

As per the disclosure, the company plans to repay the principal amount on the maturity date, March 25, 2026. This structured approach to debt management aligns with prudent financial practices, potentially contributing to the company's overall fiscal health.

Investors and market watchers may view this development as an indicator of Afcons Infrastructure's proactive financial management and its standing in the debt market. As the infrastructure sector continues to play a crucial role in India's economic growth, such financial maneuvers by key players like Afcons Infrastructure warrant attention from both the investment community and industry observers.

Historical Stock Returns for Afcons Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-1.78%-7.78%-10.22%-11.03%-14.13%-14.03%
Afcons Infrastructure
View in Depthredirect
like16
dislike

Afcons Infrastructure Shareholders Approve Key Resolutions Including Director Appointments and Employee Stock Option Plan

1 min read     Updated on 11 Nov 2025, 03:36 PM
scanx
Reviewed by
Ashish ThakurScanX News Team
Overview

Afcons Infrastructure Limited shareholders have approved several significant resolutions through a postal ballot. These include the appointment of two Non-Executive Directors (Pallon Shapoorji Mistry and Firoz Cyrus Mistry) and an Independent Director (Santosh Balachandran Nayar). The company's Employee Stock Option Plan 2025 was also approved, extending to subsidiary and associate companies. Shareholders endorsed remuneration variations for Executive Chairman Subramanian Krishnamurthy and Managing Director Srinivasan Paramasivan. All resolutions passed with substantial majorities, ranging from 92.34% to 99.51% votes in favor.

24401194

*this image is generated using AI for illustrative purposes only.

Afcons Infrastructure Limited , a prominent player in the infrastructure sector, has received overwhelming shareholder approval for a series of significant resolutions through a postal ballot voting process that concluded on November 10, 2025. The approvals mark important changes in the company's leadership and employee incentive structure.

Director Appointments

Shareholders gave their nod to the appointment of two Non-Executive and Non-Independent Directors:

  1. Mr. Pallon Shapoorji Mistry (DIN - 05229734)
  2. Mr. Firoz Cyrus Mistry (DIN - 09543123)

Additionally, Mr. Santosh Balachandran Nayar (DIN: 02175871) was appointed as an Independent Director.

Employee Stock Option Plan

A key highlight of the approvals was the Afcons Infrastructure Limited-Employee Stock Option Plan 2025. This plan extends to employees of subsidiary and associate companies as well, potentially boosting employee engagement and aligning their interests with the company's long-term growth.

Remuneration Variations

Shareholders also approved variations in the remuneration terms for two key executives:

  1. Mr. Subramanian Krishnamurthy (DIN:00047592), Whole-Time Director, designated as Executive Chairman
  2. Mr. Srinivasan Paramasivan (DIN:00058445), Managing Director

These variations are in connection with the grant of Employee Stock Options and apply for the remaining tenure of their appointments up to June 30, 2026.

Voting Results

The resolutions passed with substantial majority, demonstrating strong shareholder support. Here's a breakdown of the voting results:

Resolution Votes in Favor (%) Votes Against (%)
Appointment of Pallon Shapoorji Mistry 99.21 0.79
Appointment of Firoz Cyrus Mistry 96.04 3.96
Appointment of Santosh Balachandran Nayar 99.51 0.49
Approval of Employee Stock Option Plan 2025 97.68 2.32
ESOP for Subsidiary Company Employees 97.83 2.17
ESOP for Associate Company Employees 92.34 7.66
Remuneration Variation for Subramanian Krishnamurthy 93.89 6.11
Remuneration Variation for Srinivasan Paramasivan 97.82 2.18

The voting process was conducted through remote e-voting, with October 3, 2025, set as the cut-off date for determining eligible voters. A total of 257,774 shareholders were on the record as of the cut-off date.

These approvals signal Afcons Infrastructure's commitment to strengthening its leadership team and implementing employee-friendly policies. The high approval rates across all resolutions indicate strong shareholder confidence in the company's strategic decisions and future direction.

Historical Stock Returns for Afcons Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-1.78%-7.78%-10.22%-11.03%-14.13%-14.03%
Afcons Infrastructure
View in Depthredirect
like20
dislike
More News on Afcons Infrastructure
Explore Other Articles
407.65
-7.40
(-1.78%)