Ashoka Buildcon Issues ₹100 Cr Commercial Papers

Ashoka Buildcon Limited has successfully issued 2,000 units of Commercial Papers (CPs) with ISIN INE442H14543, aggregating ₹100 Crore. The CPs have a tenure of 90 days from the allotment date of July 09, 2026, with a maturity date of October 07, 2026. The coupon rate offered is 7.20%, with interest paid upfront and principal due on maturity. These CPs are unsecured and do not carry any special rights. The company's Board had previously approved the issuance of Commercial Papers up to ₹300 crore outstanding at any point. This issuance is part of the company's ongoing financing activities.