General Updates

Ashoka Buildcon Limited To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: Equity: 533271 Scrip Symbol: ASHOKA Debt Codes: CPs: 730851, 731112, 731487, 732069 & 732127 September 15, 2026 Sub: Intimation regarding extension of expected date of completion of sale/disposal of stake in Subsidiaries of the Company and Ashoka Concessions Limited (ACL) This is in continuation to the announcement made by the Company on December 31, 2024 informing about the Company and Ashoka Concessions Limited (“ACL”), a, material unlisted subsidiary of the Company, entering into Share Purchase Agreements and other transaction documents (“Transaction Documents”) with Epic Concesiones 2 Private Limited, Infrastructure Yield Plus II and Infrastructure Yield Plus IIA (both schemes of Infrastructure Yield Trust and managed by their respective investment manager, EAAA India Alternatives Limited (formerly known as Edelweiss Alternative Asset Advisors Limited)) (“Proposed Investor”) inter alia for sale of the entire share capital (including repayment of any shareholder loans) and management control of the SPVs held by the Company and/or ACL in the following subsidiaries: 1) Ashoka Kharar Ludhiana Road Limited; 2) Ashoka Khairatunda Barwa Adda Road Limited; 3) Ashoka Ranastalam Anandapuram Road Limited; 4) Ashoka Ankleshwar Manubar Expressway Private Limited; 5) Ashoka Kandi Ramsanpalle Road Private Limited; 6) Ashoka Mallasandra Karadi Road Private Limited; (TS-1) 7) Ashoka Karadi Banwara Road Private Limited; (TS-2) 8) Ashoka Banwara Bettadahalli Road Private Limited; (TS-3) 9) Ashoka Baswantpur Singnodi Road Private Limited (BS) 10) Ashoka Belgaum Khanapur Road Private Limited; (BK) and 11) Ashoka Bettadahalli Shivamogga Road Private Limited; (TS-4) collectively, the “SPVs”, Further to update that in continuation to the announcement made by the Company on September 30, 2025, informing about the sale of entire stake held in SPVs from serial no. 1 to 5 from above list and in continuation to the further announcements made by the Company on April 01, 2026, June 30, 2026, and July 31, 2026, regarding expected date of completion of sale of rest of 6 SPVs, respectively. We further update that the Company and the Proposed Investor have mutually agreed to extend the indicative timelines for the completion of the sale of the remaining six (6) SPVs. The extension will allow for the individual completion of certain conditions precedent and other terms outlined in their respective transaction documents. Regd. Office: S. No. 861, Ashoka House, Ashoka Marg, Vadala, Nasik – 422 011, Maharashtra, India Tel. + 91 253 6633705 Fax +91 253 2236704 www.ashokabuildcon.com CIN: L45200MH1993PLC071970 Ashoka Buildcon Limited Accordingly, the indicative date for completion of the said transaction for SPVs where major construction works are complete Viz. TS-1, TS-2 and TS-3 is extended up to October 31, 2026 and others shall follow thereafter in accordance with respective Transaction Documents. The final completion of the transaction for each SPV remains subject to the fulfilment of conditions precedent and necessary regulatory and lender approvals. This is for your kind information. Yours sincerely, For Ashoka Buildcon Limited (Manoj A. Kulkarni) Company Secretary ICSI Membership No.: FCS – 7377 Regd. Office: S. No. 861, Ashoka House, Ashoka Marg, Vadala, Nasik – 422 011, Maharashtra, India Tel. + 91 253 6633705 Fax +91 253 2236704 www.ashokabuildcon.com CIN: L45200MH1993PLC071970