Ashoka Buildcon has raised Rs 100 crore through allotment of commercial papers. The company has allotted 2,000 units of commercial papers of Rs 5,00,000 each on July 21, 2026. The commercial papers carry a coupon rate of 7.20% and have a tenure of 90 days from the date of allotment.
The Board of directors of the company at its meeting held on August 11, 2025 approved issuance of commercial papers up to an amount of Rs 300 crore outstanding at any point of time, in one or more tranches.
Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis.
