Ashoka Buildcon Limited has successfully issued Commercial Papers (CPs) amounting to ₹100 Crore. The instrument carries an interest rate of 7.45% and is scheduled to mature on July 07, 2026. This issuance, approved by the Board in August 2025, is unsecured and marks another step in the company’s financial management strategy. The company confirmed that there are no other outstanding commercial paper dues as of the issuance date.
Key Issuance Details
On April 08, 2026, Ashoka Buildcon Limited completed the issuance of Commercial Papers valued at ₹100 Crore. The instruments are set to mature in 90 days, with a maturity date scheduled for July 07, 2026. The debt instrument offers an interest rate of 7.45%, with the interest payout structured on an upfront basis, while the principal amount will be repaid at maturity.
Strategic Financial Management
This issuance is part of a broader authorization approved by the Board of Directors during their meeting held on August 11, 2025. The Board had granted approval to raise up to ₹300 Crore through the issuance of Commercial Papers, to be executed in one or more tranches based on financial requirements. These specific papers are categorized as unsecured instruments, and the company has confirmed there are currently no other commercial paper liabilities outstanding.
Source: BSE
