Ashoka Buildcon Limited has informed the Exchange about issue of Securities
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Ashoka Buildcon Limited has issued Commercial Papers worth Rs.100 crore on April 16, 2026. The CPs have a tenure of 89 days and mature on July 14, 2026. The interest rate offered is 7.25%, with interest paid upfront and principal repaid on maturity. The CPs are unsecured and listed on BSE Limited. This issuance is within the board-approved limit of Rs.300 crore outstanding at any point of time.
This is a routine short-term borrowing exercise for managing working capital needs. The 7.25% rate reflects current market conditions for such instruments. No significant direct impact on equity shareholders expected from this debt issuance.