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ASHOKA BUILDCON LTD. - 533271 - Lowest Bidder For Project

 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 in Joint Venture (the Company is a Lead Member) with Cube Construction Engineering Limited to Department of Information Technology & Communication, Govt. of Rajasthan ('Authority') for the Project viz. 'Request for Proposal for Selection of Agency for Construction and Maintenance of Rajiv Gandhi Fintech Digital Institute, Jodhpur' (Project). The Joint Venture emerged as 'the Lowest Bidder' at the Financial Bid opening meeting held on July 1, 2022. The awarded Bid Project Cost for the Project is Rs.611 Crore. The share of the Company in JV is 65%. The Construction period is 18 months from commencement date. This is for your kind information.
01-07-2022
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ASHOKA BUILDCON LTD. - 533271 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)

 Ashoka Buildcon Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here
29-06-2022
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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 and connected persons shall be closed from July 01, 2022 till 48 hours after the declaration of financial results of the Company for the quarter ending June 30, 2022 to the Exchanges. This is for your kind information and necessary records.
28-06-2022
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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 Management will be meeting Investors/Analysts, the details of which are as under: Date Particulars Place June 29, 2022 Arihant Rising Stars Summit 2022 - organised by Arihant Capital Markets Ltd. Virtual The Result Update Presentation (Q4FY22) 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.
28-06-2022
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ASHOKA BUILDCON LTD. - 533271 - Declaration Of Result Of The Postal Ballot Under Regulation 44 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI LODR')

 The Board of Directors had sought the approval of the Shareholders of the Company pursuant to the provisions of Section 110 of the Companies Act, 2013 read with Rule 22 of the Companies (Management and Administration) Rules, 2014 for the following Resolutions by way of Postal Ballot: 1. Re-appointment of Mr. Ashok Katariya as Whole-time Director, to be designated as the Chairman of the Company and remuneration payable on his re-appointment; 2. Appointment of Mr. Ashish Kataria as Whole-time Director of the Company and remuneration payable on his appointment; and 3. Appointment of Mrs. Ankita Parakh, relative of Director of the Company, to the office or place of profit.
28-06-2022
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ASHOKA BUILDCON LTD. - 533271 - Execution Of Contract Agreement

 Further to the announcement made on June, 07, 2022 regarding receipt of LoA, Ashoka Buildcon Limited ('the Company') informs that the Company has executed a Contract Agreement with Government of the co-operative Republic of Guyana on June 24, 2022, for the Project viz. 'Request for Proposal for Procurement of Phase 1: East Bank-East Coast Road Linkage Project (Ogle to Haags Bosch, Eccles)'. ('Project') The accepted Bid Project Cost for the Project is USD 106,383,954.52 The Construction period is 730 days from the commencement date. This disclosure is filed under Regulation 30 of SEBI LODR Regulations, 2015. This is for your kind information.
25-06-2022
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ASHOKA BUILDCON LTD. - 533271 - Compliance Under Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

 In terms of Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose disclosure of Related Party Transactions in the format specified under SEBI Circular bearing reference no. SEBI/HO/CFD/CMD1/CIR/P/2021/662 dated November 22, 2021, for the half year ended March 31, 2022. Kindly take the above on record and disseminate.
08-06-2022
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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 Government of the co-operative Republic of Guyana ('the Authority') and the Company has received a Letter of Acceptance (LOA) from the Authority for the Project viz. 'Request for Proposal for Procurement of Phase 1: East Bank-East Coast Road Linkage Project (Ogle to Haags Bosch, Eccles)' ('Project'). The accepted Bid Project Cost for the Project is USD 106,383,954.52 The Construction period is 730 days from the Commencement date. This is for your kind information.
07-06-2022
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Why you should continue holding Ashoka Buildcon shares

 Execution and debt reduction should gather paceand that augurs well for the stock trading at 86 levels
04-06-2022
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ASHOKA BUILDCON LTD. - 533271 - Receipt Of Amount Of Rs.97.37 Crore As Per Conciliation Agreement With NHAI

 In continuation to the announcement made on January 28, 2019, Ashoka Buildcon Limited pleased to inform the Stock Exchange that Ashoka Highways (Bhandara) Limited , a subsidiary of Ashoka Concessions Limited, a subsidiary of the Company, has received an amount of Rs.97.37 Crore inclusive of interest towards full and final settlement in respect of all the claims, counter claims, negative / positive change of scope of work etc. and various other disputes under the Concession Agreement. These disputes did arise between AHBL and National highways Authority of India during the execution and operation of the Concession. AHBL and NHAI had jointly approached the Conciliation committee of Independent experts for the settlement of claims pursuant to the Arbitration award dated 25.01.2019. As a settlement under the conciliation, AHBL & NHAI have agreed to amicably settle the claims and accordingly have executed the settlement Agreement and NHAI paid Rs.97.37 Crore on May 31, 2022.
01-06-2022
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