Ashoka Buildcon Limited has informed the Exchange about issue of Securities - The Company has issued Commercial Papers ( CPs ) (ISIN: INE442H14493) of Rs.50 Crore on December 30, 2025
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Awaiting price reaction for this filing.
Ashoka Buildcon issued Commercial Papers (CPs) worth Rs. 50 Crore on December 30, 2025, with a short tenure of 59 days maturing on February 27, 2026. The CPs carry a coupon rate of 6.72% per annum with interest paid upfront and principal repayable on maturity. These are unsecured instruments and are proposed to be listed on BSE. The board had earlier approved (on August 11, 2025) issuance of CPs up to Rs. 300 Crore outstanding at any point in time, and this Rs. 50 Crore issuance is part of that broader plan. No special rights are attached and there are no defaults or delays reported.
This is routine short-term borrowing (59 days) likely for working capital needs, at a market-linked rate of 6.72%. It is neutral for shareholders — not equity dilution, and the cost is in line with current short-term money market rates. Investors should watch for cumulative CP outstanding under the Rs. 300 Crore board limit.