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The latest update is out from Ashoka Buildcon Limited ( (IN:ASHOKA) ).
Ashoka Buildcon Limited has announced the full and timely redemption of its Series II rated, listed, senior, unsecured, redeemable non-convertible debentures, comprising 10,000 units of Rs 1,00,000 each, aggregating Rs 100 crore. The principal and interest were paid in full to debenture holders on the due date of April 16, 2026, underscoring the company’s adherence to its debt obligations and supporting its credit profile and reputation in the wholesale debt market.
This redemption of Series II NCDs listed on the Wholesale Debt Segment of BSE Limited reflects the company’s ability to manage its liabilities as scheduled and may enhance investor confidence in its future fund-raising through debt markets. By meeting its commitments on time, Ashoka Buildcon reinforces its standing among lenders and capital market participants, which is important for ongoing and upcoming infrastructure financing needs.
More about Ashoka Buildcon Limited
Ashoka Buildcon Limited is an Indian infrastructure and construction company focused on engineering, procurement and construction projects, particularly in roads, highways and related civil works. The company also raises funds through listed debt instruments, including non-convertible debentures, to finance its infrastructure development activities in domestic markets.
Average Trading Volume: 71,147
Technical Sentiment Signal: Sell
Current Market Cap: 38.12B INR
For detailed information about ASHOKA stock, go to TipRanks’ Stock Analysis page.