Ashoka Buildcon Limited — QIP/Rights/Pref., 26-06-2025: Issue of Securities
26-06-2025 | 05:26 pm
26-06-2025 | 05:26 pm
Ashoka Buildcon has issued unsecured Commercial Papers worth Rs.50 Crore at a coupon rate of 7.60% for 89 days. The CPs were allotted on June 26, 2025, and will mature on September 23, 2025, with interest paid upfront and principal on maturity. The company’s board approved a total CP issuance limit of Rs.200 Crore outstanding at any time. The proceeds are generally used for short-term funding needs; no special rights or security are attached to these CPs.
No comments yet. Be the first to comment!
