Ashoka Buildcon Limited confirmed the full redemption of its Commercial Papers (CPs) amounting to ₹50 Crore on the scheduled due date, March 23, 2026. The payment, which included the principal and accrued interest, met all regulatory requirements. The interest paid amounted to Rs. 48.66 Lakh, reflecting the difference between the issue price and the face value of the discounted instruments.
Confirmation of Commercial Paper Redemption
Ashoka Buildcon Limited has officially informed the stock exchanges regarding the final settlement of its Commercial Papers (CPs). The company confirmed that the entire outstanding redemption amount of Rs. 50 Crore was paid on the maturity date, which was today, March 23, 2026. This action confirms compliance with the terms of the debt instruments issued.
Interest Payment Details
The announcement detailed the accompanying interest payment related to the CPs, which were issued at a discount to their face value. The total interest amount disbursed was Rs. 48.66 Lakh. The interest payment record date and the actual payment date were both set as March 23, 2026, ensuring timely fulfillment of obligations related to the interest component.
Summary of Interest and Redemption
| Particulars | Details |
|---|---|
| ISIN | INE442H14485 |
| Total Redemption Amount | Rs. 50 Crore |
| Interest Amount Paid | Rs. 48.66 Lakh |
| Maturity/Redemption Date | 23/03/2026 |
| Redemption Type | Full |
| Quantity Redeemed (no. of CPs) | 1,000 |
Redemption Specifics
The redemption executed on March 23, 2026, was classified as a Full redemption of the underlying securities (CPs). The reason specified for the maturity and subsequent redemption was Maturity. Following this transaction, the outstanding amount of the securities mentioned under ISIN INE442H14485 now stands at Nil.
Source: BSE
