NSEGeneral Updates24 Oct 2026 · 24 Oct 2026, 10:51 am

General Updates

Ashoka Buildcon Limited · ASHOKA

✦ AI Summary▲ PositiveOrder Win

Ashoka Buildcon Limited has received a Provisional Certificate for completion of 47.196 KMs of its NHAI project, with Commercial Operation Date (CoD) declared for 43.246 KMs of the project.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Ashoka Buildcon Limited has informed the Exchange about Receipt of Provisional Certificate (COD) for NHAI Project

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ASHOKA_24102026104919_513_ABL_BSE_NSE_PCOD_III_Banwara_24102026.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 Scrip Code: 533271 Scrip Symbol: ASHOKA Eq. Debt Codes: CPs -730851/731112/731487/732069/732127/732724 October 24, 2026 Sub: Receipt of Provisional Certificate (COD) for NHAI Project Ashoka Buildcon Limited (“the Company”) informs the declaration of October 13, 2026 as the Commercial Operation Date (CoD) for stretch of 4.221 KMs vide letter issued by Independent Engineer on October 23, 2026, in addition to stretch of 39.050 KMs received w.e.f. October 17, 2023, (First CoD) vide NHAI letter dated October 18, 2023, for its Hybrid Annuity Mode (HAM) Project of National Highways Authority of India (“NHAI”) and 3.925 KM w.e.f. October 15, 2024 received vide letter dated October 28, 2024 (Second CoD) for the Project viz. “Four Laning of Tumkur Shivamogga Section from 121+900 (Banwara) to km. 170+415 (Bettadahalli) of NH-206 on Hybrid Annuity Mode under Bharatmala Pariyojana (Package – III) in the state of Karnataka (Package-III)” (“Project”). The Project is executed by Ashoka Banwara Bettadahalli Road Private Limited (SPV), a Wholly Owned Subsidiary of the Company. The Company also announces that the said SPV has received a Provisional Certificate/s for completion of total length of 47.196 KMs in aggregate (revised after de-scoping) for Project. Further to inform that consequent upon the declaration of First CoD, the SPV is already eligible for receipt of Annuity payments from NHAI for the operation period of 15 years at the interval of every 6 months from the date of achievement of First CoD, i.e. October 17, 2023. This disclosure is submitted under Regulation 30 of SEBI LODR Regulations, 2015. This is for your kind information. Yours faithfully, 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