Ashoka Buildcon Limited announced the successful redemption of its entire outstanding Commercial Paper (CP) liability totaling Rs. 50 Crore on the scheduled due date, February 27, 2026. This redemption included the associated interest payment of Rs. 53.73 Lakh. The company confirmed that the redemption was executed in full, covering the principal amount and all outstanding interest obligations for the security referenced by ISIN INE442H14493.
Confirmation of Commercial Paper Redemption
Ashoka Buildcon Limited has officially informed the stock exchanges regarding the completion of the redemption for its Commercial Papers (CPs). The entire outstanding principal amount of Rs. 50 Crore was paid on the due date, which was February 27, 2026.
Details of Interest Obligation Settled
The company confirmed that the interest payment obligation associated with the CPs was also settled simultaneously. The total amount of interest paid amounted to Rs. 53.73 Lakh. This payment was made on the actual date of redemption, February 27, 2026, against a due date of February 27, 2026.
Specific Security Details
The following specifics pertain to the redeemed debt instrument:
- ISIN:
INE442H14493 - Issue Size: Rs. 50 Crore
- Interest Amount Paid: Rs. 53.73 Lakh
- Interest Frequency: On Maturity date
Redemption Mechanism
The redemption process for the debt instrument (ISIN INE442H14493) was executed as follows:
- Type of Redemption: Full
- Reason for Redemption: Maturity
- Quantity Redeemed (No. of CPs): 1,000
- Due Date for Redemption: 27/02/2026
- Actual Date for Redemption: 27/02/2026
- Outstanding Amount Post-Redemption: Nil
The management confirmed that the redemption process, including the settlement of all interest liabilities, was completed without any delay or non-payment issues on the stipulated maturity date.
Source: BSE
