Ashoka Buildcon Limited has announced the issuance of Commercial Papers (CPs) totaling Rs.50 Crore on February 16, 2026. The CPs carry an interest rate of 6.90% and have a short tenure of 42 days, maturing on March 30, 2026. The instrument is unsecured, and the Board had previously approved an aggregate outstanding issuance limit of up to Rs.300 crore in August 2025.
Issuance of Commercial Papers Announced
Pursuant to regulatory requirements, Ashoka Buildcon Limited is formally disclosing the successful issuance of Commercial Papers (‘CPs’). The total size of this specific issue is Rs.50 Crore. The issuance date and date of allotment are both recorded as February 16, 2026. The specific ISIN assigned to these Commercial Papers is INE442H14519.
Key Terms and Conditions
The following details summarize the financial characteristics of the newly issued debt instrument:
- Tenure: 42 days from the date of allotment.
- Maturity Date: March 30, 2026.
- Coupon/Interest Rate Offered: 6.90% per annum.
- Interest Payment Schedule: Payment is made Upfront.
- Principal Payment Schedule: Payment is due on the Maturity date, March 30, 2026.
- Security Status: The CPs are explicitly stated to be unsecured.
- Special Rights: There are No such special rights or privileges attached to the instrument.
Listing and Prior Approval
These Commercial Papers are proposed to be listed on BSE Limited. Furthermore, the company confirms that the issuance aligns with the overarching approval granted by the Board/Committee. The Board, in its meeting held on August 11, 2025, had approved the issuance of Commercial Papers up to an aggregate outstanding amount of Rs.300 crore, to be raised in one or more tranches.
The management confirms that as of the current date, There is no amount of commercial papers due.
Source: BSE
