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ASHOKA BUILDCON LTD. - 533271 - Updates On Achievement Of Financial Closure

 Ashoka Buildcon Limited ('the Company') is pleased to inform that Ashoka Baswantpur Singnodi Road private Limited, a wholly owned subsidiary of the Company, has submitted duly executed financing documents to National Highway Authority of India ('NHAI') for its below mentioned Hybrid Annuity Mode (HAM) Project. SPV name and Project NHAI Estimated Project Cost (Rs. Crore) Bid Project Cost (Rs. Crore) Construction & Operation Period 'Development of 6 lane Access Controlled Greenfield highway from KM 162.500 to KM 203.100, Baswantpur to Singondi Section of NH 150 C (Package 4 of Akkalkot KNT of TS Border) on Hybrid Annuity Mode (HAM) under Bharatmala Pariyojana' (Project) 1,169.22 1,079.00 Construction period: 912 days from Appointed Date Operation Period : 15 years from COD Further to apprise that the Company is within the timelines as specified in the Concession Agreement for compliances related to financial closure for above Project. This is for your kind information.
14-10-2022
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ASHOKA BUILDCON LTD. - 533271 - Extension In Concession Period For NHAI Project

 Ashoka Buildcon Limited ('the Company') is pleased to inform that Ashoka Highways (Durg) Ltd. ('AHDL'), a subsidiary of Ashoka Concessions Limited, a subsidiary of Company, has received an extension of total 240 days in Concession Period from end date of Concession period i.e. July 22, 2028 to March 19, 2029, vide NHAI letter dtd. 06/10/2022 to compensate AHDL for loss of toll collection, as full & final settlement in respect of all claims, under Concession Agreement. These disputes did arise between AHDL and NHAI during the execution and operation of the Concession. AHDL and NHAI had jointly approached the Conciliation committee of Independent experts for the settlement of claims. As a settlement under the conciliation, AHDL & NHAI have agreed to amicably settle the claims and accordingly have executed the settlement Agreement, pursuant to which NHAI granted extension of Concession Period. This disclosure is filed under Reg. 30 of SEBI LODR Regulations, 2015.
07-10-2022
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ASHOKA BUILDCON LTD. - 533271 - Closure of Trading Window

 Pursuant to the SEBI (Prohibition of Insider Trading) Regulations 2015 amended from time to time and effective April 01, 2019 and as per the terms of the Code of Conduct for the Prohibition of Insider Trading in Securities of Ashoka Buildcon Limited ('the Company'), the Company informs that the trading window for dealing in the securities of the Company for designated employees, specified persons, their immediate relatives and connected persons shall be closed from October 01, 2022 till 48 hours after the declaration of financial results of the Company for the quarter ending September 30, 2022 to the Exchanges.
29-09-2022
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ASHOKA BUILDCON LTD. - 533271 - Updates On Acquisition Of Stake In Ashoka Highways (Bhandara) Limited

 Ashoka Buildcon Ltd. is pleased to inform that the Company's Wholly Owned Subsidiary viz. Viva Infrastructure Ltd ('VIL') has acquired 49% stake (1,27,95,399 equity shares of Rs.10/- each fully paid) held by IIF and the Company has acquired One (1) Equity Share of Rs.10/-, held by IDFC Limited in Ashoka Highways (Bhandara) Ltd ('AHBL / SPV'). This is pursuant to pursuant to share purchase agreement by the Company and Ashoka Concessions Limited with India Infrastructure Fund (IIF). Post-acquisition of 49% stake by VIL, Ashoka Concessions Limited, a subsidiary of the Company along with the Company and VIL holds 2,61,13,062 (100%) shares in AHBL w.e.f. September 23, 2022 Please note that AHBL executes the Project awarded by NHAI viz. 'To carry on the business of Construction, Operation and Maintenance of Chattisgarh / Maharashtra Border - Wainganga Bridge Section from Km. 405.000 to Km. 485.000 of NH-6 in the state of Chattisgarh and Maharashtra under NHDP phase IIIA on BOT basis.'
24-09-2022
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ASHOKA BUILDCON LTD. - 533271 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

 Please find attached Scrutinizer's Report and Voting Results under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of the 29th Annual General Meeting held on September 23, 2022 at 12.30 p.m. through Video Conferencing ('VC')/ Other Audio Visual Means ('OAVM') and the meeting was concluded at 13.35 p.m.
23-09-2022
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ASHOKA BUILDCON LTD. - 533271 - Shareholder Meeting / Postal Ballot-Outcome of AGM

 We wish to inform you that the 29th Annual General Meeting ('AGM') of Ashoka Buildcon Limited ('the Company') was held on Friday, September 23, 2022 at 12.30 p.m. through Video Conferencing ('VC')/ Other Audio Visual Means ('OAVM'). The deemed venue of the AGM was the Registered Office of the Company situated at S.No. 861, Ashoka House, Ashoka Marg, Vadala, Nasik - 422 011. Please find enclosed herewith a summary of proceedings of the 29th AGM.
23-09-2022
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ASHOKA BUILDCON LTD. - 533271 - Presentation For 29Th AGM Held On 23.09.2022

 Please find enclosed herewith Presentation for Stakeholders of Ashoka Buildcon Limited for 29th Annual General Meeting held on 23rd September, 2022 through Video Conferencing ('VC')/ Other Audio Visual Means ('OAVM').
23-09-2022
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ASHOKA BUILDCON LTD. - 533271 - Receipt Of Letter Of Acceptance (LOA)

 Pursuant to the provisions of Regulation 30 of the SEBI LODR 2015, Ashoka Buildcon Limited ('the Company') informs that the Company had submitted its bid to the South Western Railway ('SWR') and the Company has received a Letter of Acceptance (LOA) from SWR for the Project viz. 'Construction of New BG Line Between Chainage 192.000 and Chainage 171.640 including Electrical & Telecommunication Works Between Tolahunse (Ex.) & Bharmasagar (Ex.) Stations on Engineering, Procurement & Construction (EPC) Mode' ('Project'). The accepted Bid Project Cost for the Project is Rs.258.12 Crore. The completion period is 24 months from the date of Appointed Date.
21-09-2022
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ASHOKA BUILDCON LTD. - 533271 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 Pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company will be meeting Investors/Analysts, the details of which are as under: Date Particulars Place September 16, 2022 Aequitas Investment Consultancy Pvt. Ltd. Virtual The Investor Presentation (Q1FY23) - August 2022, is already in the public domain and is available on the Company''s and the Stock Exchanges' websites. The said presentation would be used in the meeting. Please note that changes may happen due to exigencies on the part of Investors/Analysts/Company.
15-09-2022
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ASHOKA BUILDCON LTD. - 533271 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 Pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company will be meeting Investors/Analysts, the details of which are as under: Date Particulars Place September 15, 2022 Bajaj Allianz Life Insurance Virtual The Investor Presentation (Q1FY23) - August 2022, is already in the public domain and is available on the websites of the Company and the Stock Exchanges. The said presentation would be used in the meeting. Please note that changes may happen due to exigencies on the part of Investors/Analysts/Company.
13-09-2022
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