
Investment8 April 2026 at 11:11 am
Ashoka Buildcon Ltd Issues Rs. 100 Crore Commercial Papers (CPs) with 7.45% Interest
AI Summary
Ashoka Buildcon Ltd has issued Commercial Papers (CPs) of Rs. 100 Crore on April 08, 2026. The CPs have a tenure of 90 days from the date of allotment and offer a coupon/interest of 7.45%. The payment of interest is upfront, and the principal will be paid on the maturity date, July 07, 2026. The CPs are unsecured and do not have any special rights attached to them. The Board of Directors approved the issuance of Commercial Papers up to an amount of Rs. 300 crore at their meeting held on August 11, 2025. There is no amount of commercial papers due as on date.
Key Highlights
- Ashoka Buildcon Ltd issues Rs. 100 Crore Commercial Papers (CPs)
- CPs have a tenure of 90 days from the date of allotment
- Coupon/interest offered is 7.45%
- Payment of interest is upfront
- Principal will be paid on the maturity date, July 07, 2026
ASHOKACivil Construction
ASHOKA BUILDCON LTD.Price Impact