Ashoka Buildcon Limited
Ashoka Buildcon Ltd is engaged in the business of construction and infrastructure facilities on EPC and BOT basis. It is also involved in the sale of RMC (ready mix concrete).
What Ashoka files
- Updates51
- Others36
- Investor Meet32
- Important29
- New Orders26
- Board Meeting13
Ashoka Buildcon is temporarily suspended from NHAI bids for at least one month due to a girder fall incident causing a fatality. The company denies fault, citing equipment failure and vehicle entry into a prohibited zone. Financial impact is being assessed.
Ashoka Buildcon raised Rs.50 Cr via unsecured Commercial Papers with a 7.60% coupon for 90 days. This short-term financing is a tranche of the Board-approved Rs.300 Cr issuance limit, bolstering the company's working capital.
Ashoka Buildcon secured new EPC work from Central Railway for Rs. 568.86 crore and Intelligent Traffic Management Systems orders from Maharashtra for Rs. 1,387 crore. The company also expanded globally with a USD 67.25 million road project in Guyana. Strategic shifts include internal restructuring in the solar energy segment involving...
Ashoka Buildcon has announced a board meeting on investor exit discussions related to its subsidiaries Viva Highways, Ashoka Concessions, and Jarora Nayagaon Toll Road. The company is in talks to extend and finalize the exit terms with Macquarie SBI Infrastructure Investments and SBI Macquarie Infrastructure Trust beyond the initial June...
Ashoka Buildcon has announced a board meeting on an upcoming date. The company has extended the expected completion date for the sale of its entire stake in five subsidiaries under Ashoka Concessions Limited to September 30, 2025, due to pending conditions precedent. This delay affects the transaction involving sale to...