ASHOKA : ISSUES RS 100 CR COMMERCIAL PAPERS

• Issued 2,000 units of commercial papers (ISIN: INE442H14568) of ₹5,00,000 each, aggregating ₹100 Cr • Allotted October 9, 2026; tenure 88 days; maturity January 5, 2027 • Coupon rate 7.20%, interest payable upfront; principal payable on maturity; CPs are unsecured • Proposed listing on BSE; no commercial papers due for repayment as on date of the letter • Board on August 11, 2025 approved CP issuance up to ₹300 Cr outstanding at any point, in one or more tranches Impact: Neutral (short-term unsecured funding at 7.20% for 88 days; no immediate repayment obligations disclosed)

Ashoka Buildcon Ltd

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