Ashoka Buildcon Limited has issued commercial papers worth ₹50.00 crore on December 30, 2025, as part of its fundraising activities under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Commercial Paper Details

The company has provided comprehensive details of the commercial paper issuance through its regulatory filing. The commercial papers carry the ISIN code INE442H14493 and are structured as unsecured instruments with specific terms and conditions.

Board Approval and Framework

The issuance falls under the broader commercial paper program approved by the company's board of directors. During its meeting held on August 11, 2025, the board had approved the issuance of commercial papers up to an amount of ₹300.00 crore outstanding at any point in time, allowing the company to raise funds in one or more tranches as per business requirements.

Payment Structure and Terms

The commercial papers feature an upfront interest payment structure, meaning investors receive the interest component at the time of investment. The principal amount of ₹50.00 crore will be repaid on the maturity date of February 27, 2026. The instruments do not carry any special rights, interests, or privileges, and no security or charge has been created over the company's assets for these commercial papers.

Current Status

According to the company's disclosure, there are no commercial papers due as of the announcement date. This indicates that the current issuance represents fresh fundraising by Ashoka Buildcon Limited. The company has confirmed that there have been no delays in payment of interest or principal amounts, no defaults, and no cancellation or termination of the proposal for issuance of these securities.

Ashoka Buildcon Limited has successfully issued Commercial Papers (CPs) worth ₹50 crores on December 23, 2025, as disclosed in its regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Commercial Papers carry the ISIN code INE442H14485 and represent a short-term debt instrument for the infrastructure company.

Commercial Paper Details

The issued Commercial Papers come with specific terms and conditions designed for short-term financing needs. The key parameters of this issuance demonstrate the company's approach to managing its working capital requirements through market-based instruments.

Board Authorization and Approval Framework

The issuance operates under a comprehensive authorization framework established by the company's Board of Directors. At its meeting held on August 11, 2025, the Board approved the issuance of Commercial Papers up to an amount of ₹300 crores outstanding at any point in time, in one or more tranches. This provides the company with flexibility to raise funds as per its business requirements within the approved limit.

Instrument Characteristics

The Commercial Papers issued by Ashoka Buildcon Limited follow a straightforward structure without complex features. No special rights, interests, or privileges are attached to these instruments, making them standard commercial papers with conventional terms. The company has confirmed that there are no delays in payment of interest or principal amounts for a period of more than three months from the due date, and no defaults in payment of interest or principal have been reported.

Current Status and Compliance

As of the issuance date, the company has confirmed that there is no amount of commercial papers due. The issuance has been duly communicated to both BSE Limited and National Stock Exchange of India Limited, ensuring full compliance with regulatory requirements. The company has also confirmed that there are no cancellations or terminations of proposals for issuance of securities, indicating a smooth execution of the fundraising plan.

This Commercial Paper issuance represents Ashoka Buildcon Limited's continued access to capital markets for meeting its short-term financing requirements, utilizing the flexibility provided under the Board's authorization to optimize its capital structure and liquidity management.