Ashoka Buildcon Acquires Stake In GVR Ashoka Chennai ORR
Infrastructure company Ashoka Buildcon has acquired a stake in GVR Ashoka Chennai ORR Ltd, making it a wholly owned subsidiary.28-03-2024
28-03-2024
ASHOKA BUILDCON LTD. - 533271 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
In continuation to our letters dated March 14, 2024 and March 16, 2024, we wish to update that Ashoka Buildcon Limited (the Company), has acquired balance 4,53,60,030 equity shares of Rs. 10/- each fully paid-up, from GVR Infra Projects Limited held in GVR Ashoka Chennai ORR Limited (CORR), a Subsidiary Company. CORR has now become wholly owned subsidiary of the Company post acquisition of these shares.28-03-2024
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 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 2. Provision of Remuneration payable to Mr. Ashok Katariya on his re-appointment as Whole-time Director to be designated as the Chairman 3. Appointment of Mr. Mario Nazareth as an Independent Director 4. Appointment of Mr. Nikilesh Panchal as an Independent Director19-03-2024
ASHOKA BUILDCON LTD. - 533271 - Receipt Of Provisional Certificate (COD) For NHAI Project
Ashoka Buildcon Limited informs the declaration of January 13, 2023 as the COD for stretch of 4.415 KMs as per letter issued by Independent Enginner for the Project viz. Six Laning of Belgaum-Khanapur Road18-03-2024
ASHOKA BUILDCON LTD. - 533271 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
In continuation to our letter dated 14-03-2024, we wish to update that the company has acquired 4,91,39,970 equity shares of Rs.10 each from GVR Infra Projects Limited, out of total 9,45,00,000 equity shares to be acquired. GVR Ashoka Chennai ORR Ltd. has become subsidiary of the company.16-03-2024
Ashoka Buildcon share surges 5% on acquiring 50% stake in GVR Ashoka Chennai ORR
Ashoka Buildcon entered into a share purchase agreement with GVR Infra Projects to acquire its 9.45 crore shares, which amounts to a 50 percent stake in CORR, for Rs 185 crore14-03-2024
ASHOKA BUILDCON LTD. - 533271 - Announcement under Regulation 30 (LODR)-Acquisition
Intimation regarding acquisition of stake in GVR Ashoka Chennai ORR Limited by Ashoka Buildcon Limited14-03-2024
ASHOKA BUILDCON LTD. - 533271 - Receipt Of Provisional Certificate (COD) For NHAI Project
Ashoka Buildcon Limited (the Company) informs the declaration of October 31, 2023 as the Commercial Operation Date (CoD) for stretch of 1.28 KMs vide letter issued by Independent Engineer on March 08, 2024, in addition to stretch of 37.92 KMs already received w.e.f. November 19, 2022 (First CoD), for its Hybrid Annuity Mode (HAM) Project of National Highways Authority of India (NHAI) for the project.09-03-2024
ASHOKA BUILDCON LTD. - 533271 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, we would like to inform you that the officials of the Company will be meeting Investors (Participants) as per the details below. Date & Time Name of Conference Venue 19th March 2024 2:00 pm onwards Motilal Oswal Conference Grand Hyatt, Mumbai Discussions will be based on publicly available information. Kindly note that changes may happen due to exigencies on the part of Participants / Company.04-03-2024
ASHOKA BUILDCON LTD. - 533271 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the SEBI (LODR) Regulations, 2015, please find enclosed herewith copies of newspaper advertisement published in Free Press Journal (English) and Mahanagar (Vernacular Marathi) dated February 15, 2024, in connection with the Postal Ballot. The same has been made available on the website of the Company viz. www.ashokabuildcon.com16-02-2024