Ashoka Buildcon Limited has announced the successful redemption of its Commercial Papers (CPs) amounting to ₹100 Crore. The company confirmed that the entire redemption amount, including the accrued interest of ₹174.44 Lakh, was paid on the due date, October 19, 2026. This timely settlement demonstrates Ashoka Buildcon’s robust financial health and commitment to meeting its debt obligations.
Full Redemption of Commercial Papers
Ashoka Buildcon Limited has confirmed the complete redemption of its Commercial Papers (CPs) that were issued by the company. The total value of the redeemed CPs was ₹100 Crore. This redemption was executed on the specified maturity date, October 19, 2026.
Interest Payment Details
In addition to the principal redemption, Ashoka Buildcon has also settled the applicable interest on these Commercial Papers. The total interest amount paid was ₹174.44 Lakh. The interest payment was made on the maturity date, October 19, 2026, with the record date for interest payment being October 14, 2026. The CPs were issued at a discount to their face value, with the interest representing the difference between the issue price and the face value.
Financial Compliance
The disclosure is made in compliance with SEBI (LODR) Regulations, 2015, and relevant operational circulars concerning the issuance and listing of Non-Convertible Securities. The ISIN for these Commercial Papers is INE442H14550. The company stated that the redemption was a standard maturity event, with no unusual reasons for non-payment or delay.
Source: BSE
