StockWatch
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Civil Construction
Loan & Debt4 Jun 2026, 04:06 pm

Afcons Infrastructure Issues ₹25 Cr Commercial Paper

AI Summary

Afcons Infrastructure Limited has successfully issued Commercial Papers (CPs) worth ₹25 Crores on June 04, 2026, through a private placement. The CPs have a tenure of 182 days, maturing on December 03, 2026, with an upfront interest payment of 8.05% per annum. The instrument is unsecured and issued in favor of The Maharashtra State Co-Operative Bank Ltd. It has received a credit rating of Crisil A1+, indicating strong creditworthiness. The CPs are proposed to be listed on the National Stock Exchange of India Limited.

Key Highlights

  • Issued ₹25 Cr in Commercial Papers.
  • Maturity period of 182 days.
  • Interest rate of 8.05% p.a.
  • Credit rating of Crisil A1+.
  • To be listed on NSE.