NSEBagging/Receiving of orders/contracts4d ago · 11 Nov 2026, 10:35 am
Bagging/Receiving of orders/contracts
Ashoka Buildcon Limited · ASHOKA
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Ashoka Buildcon Limited has received a Letter of Acceptance for a 120 MWp Solar PV Power Plant project in Bhutan, with a consideration of USD 58,900,976.45. The project is to be executed within 18 months. The trading window for designated persons will remain closed till 48 hours after the disclosure.
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Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Ashoka Buildcon Limited has informed the Exchange about Receipt of Letter of Acceptance (LOA) for Solar PV Power Plant in Bhutan
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ASHOKA_11112026103408_517_ABL_BSE_NSE_Bhutan_LoA.pdf
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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: Equity: 533271 Scrip Symbol: ASHOKA
Debt Codes: CPs -730851/731112/731487/732069/732127/732724
November 11, 2026
Subject: Intimation for Receipt of Letter of Acceptance (LOA) for Solar PV Power Plant in Bhutan
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, Ashoka Buildcon Limited (“the Company”) informs that the Company had submitted
bid, for the following Project to Druk Green Power Corporation Limited, Bhutan
‘Design, Supply, Installation, Testing & Commissioning of 120 MWp Wobthang Solar PV Power Plant’
(“Project”)
Further to apprise that the Company has received Letter of Acceptance for the said Project.
The Trading Window for Designated Persons of the Company and their immediate relatives will remain
closed till 48 hours after the disclosure is made to the Exchanges.
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 Druk Green Power Corporation
order(s)/contract(s) Limited, Bhutan
2 Significant terms and conditions of On Design Build mode as per
order(s)/contract(s) awarded Contract;
Defect Liability Period of 24
months
3 Whether order(s) / contract(s) have International Entity
been awarded by domestic/
international entity
4 Nature of order(s) / contract(s) Design, Supply, Installation,
Testing & Commissioning of
120 MWp Wobthang Solar PV
Power Plant
5 Whether Domestic or International International
6 Time period by which the order(s)/ Completion Period:
contract(s) is to be executed 18 months from date of
commencement
7 Broad consideration or size of the USD 58,900,976.45 (United States
order(s) / contract(s) Dollars Fifty-Eight Million Nine
Hundred Thousand Nine Hundred
Seventy-Six and Forty Five Cent)
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