Ashoka Buildcon has successfully redeemed its commercial papers worth ₹50 crore on the due date of 23 March 2026. The company confirmed that the entire redemption amount, including the interest, has been paid in full.
According to the details provided, the commercial papers were issued under the ISIN INE442H14485 with an issue size of ₹50 crore. The interest amount paid on the due date was ₹48.66 lakh, which represents the difference between the issue price and the face value, as the commercial papers were issued at a discount.
The interest payment was scheduled for 23 March 2026, and Ashoka Buildcon adhered to this schedule, ensuring that the payment was made on the same date. The interest payment record date was noted as 17 March 2026.
In terms of redemption, the company executed a full redemption of the commercial papers, with 1,000 units being redeemed. The redemption was carried out on the maturity date, which was also 23 March 2026. Following this redemption, there is no outstanding amount remaining.
Ashoka Buildcon’s adherence to the SEBI regulations, including the SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 and the SEBI Master Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54, ensures compliance in the issue and listing of non-convertible securities and commercial papers.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).