BSECompany Update4h ago · 31 Oct 2026, 11:04 am

Update on ICRA Rating

Ashoka Buildcon Ltd · 533271

✦ AI SummaryRating Change

Ashoka Buildcon Ltd has informed that ICRA Limited has withdrawn the credit rating for short-term debt, which was 'A1+ Reaffirmed'. The company's debt and other instruments continue to be rated by other credit rating agencies.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Ashoka Buildcon Ltd - 533271 - Announcement under Regulation 30 (LODR)-Credit Rating

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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 31, 2026 Sub: Update on ICRA Rating Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ashoka Buildcon Limited (“the Company” / “ABL”) would like to inform that the ICRA Limited (ICRA) had the Credit Ratings for short-term debt, of the Company as under. Short-term debt ‘[ICRA] A1+ Reaffirmed and Withdrawn The ICRA has withdrawn the above-referred rating of Short Term Debt on the request of the Company, which is in line with the policy of ICRA on withdrawal of credit ratings. Please note that the Debt and other instruments of the Company continue to be rated by other Credit Rating Agency/ies. 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 CIN: L45200MH1993PLC071970