General Updates

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 July 16, 2026 Scrip Code: Equity: 533271 Scrip Symbol: ASHOKA Debt Codes: CPs –730851/731112/731435/731487/732069; and Debt Code NCDs: 976190 / 976191 / 976192 Subject: Intimation of Incorporation of a new Company (SPV) Ref.: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") read with schedule III Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Dear Sir/Madam, This is to inform you that new Company Viz. ASHOKA - RDB INFRASTRUCTURE & DEVELOPMENT PRIVATE LIMITED (“SPV”) has been incorporated as a Special Purpose Vehicle, on July 15, 2026, along with RDB Real Estate Constructions Limited. The Company has 51% stake in the SPV. This information is submitted pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January 2026, have been annexed herewith as Annexure – I. Kindly take the matter on your records. Yours faithfully, For Ashoka Buildcon Limited (Manoj A Kulkarni) Company Secretary ICSI M. No.: FCS 7377 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 Ashoka Buildcon Limited Annexure-I Details under amended Regulation 30 of the SEBI (LODR) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025CFDPOD2/I/3762/2026, dated January 30, 2026. Sr.No. Particulars i. Name of the entity, date & Country of ASHOKA - RDB INFRASTRUCTURE & incorporation DEVELOPMENT PRIVATE LIMITED Date: July 15, 2026 Country: India ii. Name of holding company of the Ashoka Buildcon Limited incorporated company and relation with Relation with the Listed Entity: Self the listed entity; iii. Industry to which the entity being Real Estate incorporated belongs iv. Brief background about the entity The entity has been incorporated as a incorporated in terms of products / line Special Purpose Vehicle (SPV) for of business Development of Gems & Jewellery Park under Public Private Partnership (PPP) mode at Krishi Upaj Mandi, Mandi Road, Pandri, Raipur (Chhattisgarh) v. Brief details of any governmental or Not Applicable regulatory approvals required for the incorporation vi. Nature of consideration - whether cash The consideration for subscription of the consideration or share swap and details shares is in the form of cash. of the same The Company has subscribed to 5,100 (Five Thousand One Hundred) equity shares of Rs.10/- (Rupees Ten only) each, aggregating Rs.51,000/- (Rupees Fifty One Thousand only) of Ashoka - RDB Infrastructure & Development Private Limited vii. Cost of subscription / price at which the The Company has subscribed to 5,100 (Five shares are subscribed Thousand One Hundred) equity shares of Rs.10/- (Rupees Ten only) each aggregating Rs.51,000/- (Rupees Fifty One Thousand only) of Ashoka - RDB Infrastructure & Development Private Limited. viii. Percentage of shareholding / control by Percentage of shareholding: 51% the listed entity and / or number of Number of Shares allotted: 5,100 equity shares allotted shares 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