Afcons Infrastructure Limited — QIP/Rights/Pref., 11-07-2025: Issue of Securities

Afcons Infrastructure Limited has issued unsecured Commercial Papers worth Rs. 55 Crores via private placement, with Rs. 50 Crores allotted to The Maharashtra State Co-Operative Bank Ltd and Rs. 5 Crores to The Vishweshwar Sahakari Bank Ltd. The CPs carry an 8% interest rate payable upfront, mature in 91 days, and are proposed to be listed on the National Stock Exchange. The issue is rated Crisil A1+. The proceeds are likely aimed at short-term funding needs.