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Ashoka Buildcon informs about interest payment

03 Mar 2020 Evaluate

Ashoka Buildcon has informed that, pursuant to Regulation 50 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, 1500, 9.80%, unsecured, rated, listed, redeemable, non-convertible Debentures of Rs 10 lakh each (NCDs) issued on December 27, 2018 amounting to Rs 150 Crore would be redeemed on March 20, 2020 along with interest at the rate of 9.80% per annum aggregating Rs 163.05 Crore. The payment would be made to ICICI Ultra Short Term Fund, a NCD holder as on date.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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