Outcome of Board Meeting

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: Equity: 533271 Scrip Symbol: ASHOKA Debt Codes: CPs-730851/731112/731487/732069/732127/732724 November05, 2026 Dear Sir/ Madam, Sub: Outcome of the Board Meeting Pursuant to Regulations 30, 33 and 52 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, (“SEBI LODR”) the outcome of meeting of the Board of Directors held In-Person at Ashoka House, Ashoka Marg, Nashik,-422 011onThursday,November 05, 2026, which wascommenced at 3.45p.m. and concluded at06.45 p.m.is as follows. The Board of Directors hasinter alia considered and approved thefollowing items:  Unaudited Standalone and Consolidated Financial Results (Limited Review) for the quarter and half year ended September 30, 2026, pursuant to Regulations 33 and 52 of the SEBI (LODR) Regulations, 2015 along with statements of Assets & Liabilities and Cash Flow,which have been duly reviewed and recommended by the Audit Committee;  Enhancement of limit for raising debt in the form of unsecured, Non-Convertible Debentures on private placement basis up to Rs.500 Crore, within the borrowing limits of the company as approved by the shareholders; and  Approval of the Postal Ballot Notice for obtaining shareholders’ approval for divestment of entire stake held by wholly owned subsidiaries of the Company in Jaora-Nayagaon Toll Road Company Private Limited, a material unlisted subsidiary as per provisions of SEBI LODR 2015 (amended from time to time) and the Companies Act, 2013. The unaudited Standalone & Consolidated Financial Results will be made available on the Company’s websitewww.ashokabuildcon.com Please take the same on your records. Yours faithfully, ForAshoka Buildcon Limited (Manoj A. Kulkarni) Company Secretary ICSI Membership No.: FCS-7377 Regd. Office: S.No. 861, Ashoka House, Ashoka Marg, Vadala, Nashik–422 011, Maharashtra, India Tel. + 91 2536633705Fax +91 253 2236704www.ashokabuildcon.com CIN: L45200MH1993PLC071970 Ashoka Buildcon Limited Annexure I OFFER AND ISSUE OF NON-CUMULATIVE, REDEEMABLE, LISTED, RATED SECURITIES IN THE FORM OF NON-CONVERTIBLE DEBENTURES UP TO AN AGGREGATE AMOUNT NOT EXCEEDING RS.500,00,00,000/- (RUPEESFIVEHUNDRED CRORE ONLY) (THE “NCD”) ON PRIVATE PLACEMENT BASIS Size of the issue Rs.500 Crore Whether proposed to be listed? If yes, name of the stock exchange/(s); Yes, BSE Limited Tenure of the instrument-date of allotment and date of maturity Max up to 60 Months subject to minimum tenure of 18 months, from deemed date of allotment Coupon/interest offered, schedule of payment of Coupon/interest and Coupon:Fixed Principal Interest Rate notless thanSBI Over-Night Rateand Not more thanSBI PLRon deemed date of allotment. Schedule of Payment: Interest Payment quarterly / half yearly / annually / on maturity; and Principalre-payment Principal amount will be re-paid in quarterly / half yearly / yearly instalments or on maturity, subject to market conditions Charge/security, if any, created over the assets N.A. NCDs are unsecured Special right/interest/privileges attached to the instrument and changes N.A. thereof; Delay in payment of interest / principal amount for a period of more N. A. than three months from the due date or default in payment of interest / principal Details of any letter or comments regarding payment/non-payment of N. A. interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any; Details of redemption of preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and N.A. debentures Any cancellation or termination of proposal for issuance of securities N. A. including reasons thereof. Regd. Office: S.No. 861, Ashoka House, Ashoka Marg, Vadala, Nashik–422 011, Maharashtra, India Tel. + 91 2536633705Fax +91 253 2236704www.ashokabuildcon.com CIN: L45200MH1993PLC071970 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: Equity: 533271 Scrip Symbol: ASHOKA Debt Codes: CPs-730851/731112/731487/732069/732127/732724 November05, 2026 Sub: Submission of Financial Results–quarter andhalfyear endedSeptember 30, 2026 We enclose herewith the unaudited standalone and consolidated financial results (Limited Review) (“the statements”) for the quarter and half year ended September 30, 2026, along with Limited Review Reports issued by M/s S R B C & CO LLP, statutory auditors of the Company, which have been reviewed and recommended by the Audit Committee and approved and taken on record by the Board of Directors. This disclosure ispursuant to Regulations 30,33and 52 of the SEBI LODR, 2015. Kindly take the matter on your record. Thanking you, ForAshoka Buildcon Limited (Manoj A. Kulkarni) Company Secretary ICSIMembership No.: FCS-7377 Encl.: As above Regd. Office: S.No. 861, Ashoka House, Ashoka Marg, Vadala, Nashik–422 011, Maharashtra, India Tel. + 91 2536633705Fax +91 253 2236704www.ashokabuildcon.com CIN: L45200MH1993PLC071970 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Chartered Accountants Mumbai - 400 028, India Tel: +91 22 6819 8000 Independent Auditor’s Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Ashoka Buildcon Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Ashoka Buildcon Limited (the “Company”) for the quarter ended September 30, 2026 and year to date from April 01, 2026 to September 30, 2026 (the “Statement”) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). 2. The Company’s Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) “Interim Financial Reporting” prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 and 52 of the Listing Regulations. The Statement has been approved by the Company’s Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with theStandard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing [Showing first 8,000 characters — download PDF for full document]