AIAfcons Infrastructure544280CP issuance

Unsecured commercial paper of Rs. 35 Crores issued at 8.10% p.a. for 77 days

Afcons has issued Commercial Papers (short-term debt) of Rs. 35 Crores on October 13, 2026 on a private placement basis.

By ScoutQuest · Tue 13 Oct 2026, 7:28 PM IST · 2 min read

Issue Size

Rs. 35 Crores

Coupon Rate

8.10% p.a.

Tenure

77 days

What has been issued

• Afcons Infrastructure has issued Commercial Papers (CPs) of Rs. 35 Crores on October 13, 2026 on a private placement basis.
• Commercial Papers are short-term debt instruments that companies use to raise money for a short period.
• These papers have been issued in favour of Ambit Finvest Pvt Ltd.

Key terms of the issue

• Issue size: Rs. 35 Crores
• Tenure: 77days
• Date of allotment: Tuesday October 13, 2026
• Date of maturity: Tuesday, December 29, 2026
• Coupon / interest offered: 8.10 % p.a.
• Interest is scheduled to be paid upfront.
• The principal amount is scheduled to be paid on maturity, i.e. on Tuesday, December 29, 2026.
• The instrument is unsecured; no charge or security has been created over the assets.
• Credit rating recorded in the update: Crisil A1+.

How to read this

• This is a borrowing, not a fresh issue of equity shares. The company receives money now and is due to repay the principal at the end of the tenure.
• The coupon of 8.10 % p.a. is the interest rate stated for this borrowing, which is for a tenure of 77days.
• Since the interest is paid upfront, the interest cost is settled at the start, while the principal repayment falls due on maturity.
• An unsecured instrument means the lender does not have a charge over the company's assets for this debt.
• The update states that there has been no delay in payment of interest or principal for a period of more than 3 months from the due date, or default in payment of interest or principal.

The listing and other terms

• The CPs are proposed to be listed on the National Stock Exchange of India Limited.
• The update records that no special rights, interests or privileges are attached to the instrument.
• The update also records that there are no letters or comments regarding payment or non-payment of interest or principal on due dates, or any other matter concerning the security and/or the assets.

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