NSEGeneral Updates24 Oct 2026 · 24 Oct 2026, 10:51 am
General Updates
Ashoka Buildcon Limited · ASHOKA
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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.
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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