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 –730851/731112/731435/731487; and NCDs - 976190 / 976191 / 976192 July 10, 2026 Dear Sir/Madam, Sub: Intimation under regulation 30 of SEBI (LODR) Regulations, 2015 In continuation to disclosures made on November 27, 2025 and December 12, 2025, regarding the captioned subject about Show Cause Notice dated November 26, 2025, issued by National Highways Authority of India, this is to update that the Company and NHAI have entered into a Settlement Agreement. Pursuant to the terms of the Settlement Agreement, NHAI has agreed to close the proceedings arising out of the Show Cause Notice dated 26.11.2025, with no further action against the Company, including withdrawal of the suspension and confirmation that no debarment action shall be taken against the Company and the Company has agreed to pay an amount of Rs.1.04 crore (Rupees One Crore Four Lakhs only). The said amount has been deposited with NHAI on July 09, 2026. This disclosure is pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. Further to apprise that the trading window for Designated persons is already closed from July 01, 2026 till 48 hours after the financial results for the quarter ended June 30, 2026 are published. 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 CIN: L45200MH1993PLC071970