Ashoka Buildcon Limited has informed the Exchange about Redemption of Commercial Papers issued by the Company
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Ashoka Buildcon has fully redeemed its Commercial Papers worth Rs.50 Crore on the scheduled maturity date of September 23, 2025. The company also paid the interest amount of Rs.90.97 Lakh (the CPs were issued at a discount to face value). A total of 1,000 CPs under ISIN INE442H14469 were redeemed, and the outstanding amount on these papers is now Nil. This is a routine, on-time debt repayment at maturity, filed under SEBI LODR Regulation 57(1).
This is a scheduled maturity payment and not an unusual event — it reflects normal debt servicing. No negative impact on shareholders; the company's short-term commercial paper obligation under this ISIN is now fully cleared.