Afcons Issues Commercial Papers of Rs. 100 Crores

Afcons Infrastructure Limited has issued Commercial Papers (CPs) totaling Rs. 100 Crores on October 6, 2025, through private placement. These CPs have a tenure of 365 days and will mature on October 6, 2026. The coupon/interest rate offered is 8.50% p.a.. The CPs are unsecured and have a credit rating of Crisil A1+.

Commercial Paper Issuance Details

Afcons Infrastructure Limited announced the issuance of Commercial Papers (CPs) amounting to Rs. 100 Crores on October 6, 2025. The issuance was conducted through a private placement basis, as per the official disclosure.

Key Terms of the Commercial Papers

The issued Commercial Papers have the following key characteristics:

Issue Size: Rs. 100 Crores

Listing: The CPs are proposed to be listed on the National Stock Exchange of India Limited.

Tenure: 365 days

Allotment Date: October 6, 2025

Maturity Date: October 6, 2026

Coupon/Interest Rate: 8.50% p.a. payable upfront

Principal Payment: Payable on maturity, October 6, 2026

Security: Unsecured

Credit Rating: Crisil A1+

There are no special rights or privileges attached to the instrument, and there is no applicable delay in payment of interest/principal.

Source: BSE