NSECredit Rating- Others4h ago · 31 Oct 2026, 11:15 am
Credit Rating- Others
Ashoka Buildcon Limited · ASHOKA
✦ AI SummaryRegulatory
Ashoka Buildcon Limited has informed the Exchange about the withdrawal of its short-term debt credit rating by ICRA, which was reaffirmed and then withdrawn at the company's request, in line with ICRA's policy.
Analysis Scores
Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Ashoka Buildcon Limited has informed the Exchange about Withdrawal of Credit Rating by ICRA (Short term debt)
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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Short-term debt ‘[ICRA] A1+ Reaffirmed and Withdrawn
The ICRA has withdrawn the above-referred rating of Short Term Debt on the request of the Company,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