NSEGeneral Updates21 Oct 2026 · 21 Oct 2026, 05:52 pm
General Updates
Ashoka Buildcon Limited · ASHOKA
✦ AI Summary▲ PositiveESG
Ashoka Buildcon Limited has been assigned an ESG score of 79.44 and an ESG Rating of 'A+' by Resurgent ESG Services Private Limited, placing the company within the 'Leader' category.
Analysis Scores
Earnings Impact1/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10
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Ashoka Buildcon Limited has informed the Exchange about General Updates
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ASHOKA_21102026175153_512_ABL_BSE_NSE_ESG-Resurgent.pdf
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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
October 21, 2026
Scrip Code: Equity: 533271 Scrip Symbol: ASHOKA
Debt Codes: CPs -730851/731112/731487/732069/732127/732724
Subject: Intimation of ESG Rating under Regulation 30 of SEBI (LODR) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III of the Listing Regulations, this is to inform that the
Resurgent ESG Services Private Limited has, vide its report dated October 21, 2026 has assigned an
Environmental, Social, and Governance (“ESG”) score of 79.44 corresponding to an ESG Rating of
‘A+’ to the Company, placing the company within the ‘Leader’ category.
Please find the enclosed Press Release dated October 21, 2026 issued by Resurgent ESG Services
Private Limited in this regard.
The above intimation is also made available on website of the Company www.ashokabuildcon.com
We request you to kindly take the same on record.
Yours faithfully,
For Ashoka Buildcon Limited
(Manoj A Kulkarni)
Company Secretary
ICSI M. No.: FCS 7377
Encl.: As above
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
Resurgent ESG Services Assigns ‘A+’ ESG Rating(Score 79.44) to Ashoka
Buildcon, Recognising Strength of Its Sustainability and Governance
Practices
Press Release
Delhi/NCR, October 21, 2026: Resurgent ESG Services Private Limited (Resurgent ESG), a
wholly owned subsidiary of Resurgent India Limited and a SEBI-registered Category-II ESG
Rating Provider (ERP), has assigned an ESG score of 79.44 to Ashoka Buildcon Limited
(ABL) based on data for FY 2025-26. The score corresponds to an ‘A+’ ESG Rating, placing
Ashoka Buildcon within the ‘Leader’ category, recognising its ongoing efforts towards
strengthening environmental, social and governance practices.
Ashoka Buildcon Limited, one of India’s leading highway developers and infrastructure
companies, was evaluated through Resurgent ESG’s comprehensive ESG assessment
framework. The assessment considered the company’s environmental and social impacts
arising from its infrastructure development activities, alongside the strength of its
governance practices and their role in supporting responsible business conduct and
sustainable value creation. ABL undertakes infrastructure development through
Engineering, Procurement and Construction (EPC), Build-Operate-Transfer (BOT), and
Hybrid Annuity Model (HAM) projects.
Commenting on the rating, Mr. Sanjeet Kumar, Director, Resurgent ESG Services Pvt. Ltd.,
said, “For infrastructure companies such as Ashoka Buildcon Limited, ESG performance is
increasingly becoming an important indicator of how responsibly and resiliently a business
operates. A strong ESG framework brings together governance, responsible resource
management, occupational health and safety, environmental stewardship and meaningful
stakeholder engagement. As infrastructure projects have a direct and lasting impact on
communities and the environment, integrating ESG considerations into planning and
execution is critical to managing risks and creating sustainable long-term value. The
assessment also provides companies with an opportunity to identify areas for
improvement and strengthen their sustainability practices and disclosures in line with
evolving stakeholder and regulatory expectations, including the Securities and Exchange
Board of India’s Business Responsibility and Sustainability Reporting framework.”
A key feature of Resurgent ESG’s assessment methodology is its combination of data-
driven analysis and direct stakeholder engagement. The framework goes beyond publicly
available disclosures by incorporating direct engagement with key stakeholders within the
rated entity. This approach enables the assessment to consider both quantitative and
qualitative factors while developing a comprehensive view of an organisation’s
sustainability profile.
The 79.44 ESG score and A+ rating provide a structured assessment of ABL’s current ESG
profile while highlighting the importance of continued progress in sustainability,
responsible business practices and governance. As ESG considerations become
increasingly relevant to investors, lenders, regulators and other stakeholders, such
assessments can help organisations better understand their sustainability performance
and identify opportunities for further improvement.
About Resurgent ESG Services Private Limited
Resurgent ESG Services Pvt. Ltd. specialises in ESG ratings and evaluations across a wide
range of industries. A subsidiary of Resurgent India Ltd., the company combines financial
assessment expertise with a focus on sustainable business practices to deliver data-driven
ESG ratings and evaluations. Its ratings are designed to provide companies, investors and
stakeholders with a structured view of ESG performance based on robust quantitative and
qualitative criteria.