The Company has received Letter of Acceptance (LOA) from NHAI for the Project.

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 November 09, 2026 Subject: Receipt of LOA for National Highways Authority of India (NHAI) Project Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation to the announcement made to the Exchanges on November 05, 2026, Ashoka Buildcon Limited (“the Company”) informs that the Company had submitted bid for the following Project of National Highways Authority of India (NHAI). Further to apprise that the Company has received Letter of Acceptance (“LoA”) for the said Project. The accepted EPC Price for the Project is Rs.865.90 Crore, excl. GST. The details required pursuant to Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are given in Annexure I. This is for your kind information. 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 Sr. No. Particulars Details of the Project 1 Name of the entity awarding the National Highways Authority order(s)/contract(s) of India (NHAI) 2 Significant terms and conditions of - Engineering Procurement order(s)/contract(s) awarded Construction (EPC) Mode - Defect Liability Period of 10 years 3 Whether order(s) / contract(s) have Domestic Entity been awarded by domestic/ international entity 4 Nature of order(s) / contract(s) Request for Proposal for Balance Work for Construction of 8-lane access-controlled Expressway from Km 128.0 to Km 154.6 of Vadodara - Mumbai Expressway (Karvad to Jujuwa section) in Gujarat on EPC mode (Pkg-IX)’ 5 Whether Domestic or International Domestic 6 Time period by which the order(s)/ 18 months contract(s) is to be executed 7 Broad consideration or size of the Accepted EPC Price for the said order(s) / contract(s) Project is Rs.865.90 Crore excluding GST. 8 Whether the promoter/ promoter group / group companies have any interest in the entity that awarded Not Applicable the order(s)/contract(s)? If Yes, nature of interest and details thereof 9 Whether the order(s) / contract(s) would fall within Related Party Not Applicable Transactions? If yes, whether the same is done at "arm’s length" 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