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 Scrip Code: Equity: 533271 Scrip Symbol: ASHOKA Debt Codes: CPs –730851/731112/731435/731487/732069/732127; and NCDs - 976190 / 976191 / 976192 August 11, 2026 Sub: Result Update Presentation for the Quarter ended June 30, 2026 Please find enclosed herewith the copy of Result Update Presentation in respect of Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Kindly take the matter on your record. Thanking you, For Ashoka 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. + 91 253 6633705Fax +91 253 2236704  www.ashokabuildcon.com CIN: L45200MH1993PLC071970 Investor Presentation August 2026 Safe Harbor Old to new This presentation has been prepared by and is the sole responsibility of Ashoka Buildcon Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer or recommendation to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment thereof. In particular, this presentation is not intended to be a prospectus or offer document under the applicable laws of any jurisdiction, including India. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. There is no obligation to update, modify or amend this communication or to otherwise notify the recipient if the information, opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate. Certain statements contained in this presentation that are not statements of historical fact constitute “forward-looking statements.” You can generally identify forward looking statements by terminology such as “aim”, “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “objective”, “goal”, “plan”, “potential”, “project”, “pursue”, “shall”, “should”, “will”, “would”, or other words or phrases of similar import. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or other projections. Important factors that could cause actual results, performance or achievements to differ materially include, among others: (a) our ability to successfully implement our strategy, (b) our growth and expansion plans, (c) changes in regulatory norms applicable to the Company, (d) technological changes, (e) investment income, (f) cash flow projections, and (g) other risks. This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such change or changes. 2 Developing Infrastructure for Better Tomorrow Q1 FY27 Business & Financial Highlights Key Updates for Q1 FY27 (1/2) Old to new Dilution of Stake in Ashoka Purestudy Technologies Private Limited (APTPL) The Company’s subsidiary, Ashoka Purestudy Technologies Private Limited (APTPL), allotted 29,879 equity shares of Rs.10/- each on a preferential allotment basis to a new investor on June 12, 2026. Consequent to the allotment, the Company’s shareholding in APTPL stands diluted from 59% to 39.33%; APTPL has ceased to be a subsidiary and is now an Associate Company of the Company with effect from June 12, 2026. Receipt of LOA from Chhattisgarh State Industrial Development Corporation Limited (CSIDC) The Company, in Joint Venture as Lead Member with 51% stake, has received a Letter of Acceptance from CSIDC for Development of Gems & Jewellery Park under PPP mode at Raipur, Chhattisgarh, over an area of 38,922 sq. mtrs. The accepted amount of premium payable for the project is Rs.112.40 crore, for a lease period of 30 years (extendable up to 90 years) with a construction period of 5 years. Receipt of LOA from Central Housing and Planning Authority, Guyana The Company has received a Letter of Acceptance for the Construction of a Four Lane Highway from Versailles, West Bank Demerara to Parika, East Bank Essequibo, Region No. 3 – Lot 8, in Guyana. The accepted value of the project is GYD $7,455 million (USD 35.42 million), to be executed within a time period of 20 months. 4 Developing Infrastructure for Better Tomorrow Key Updates for Q1 FY27 (2/2) Old to new Settlement with NHAI on Show Cause Notice In continuation to disclosures made on November 27, 2025 and December 12, 2025 regarding the Show Cause Notice dated November 26, 2025 issued by NHAI, the Company and NHAI have entered into a Settlement Agreement. NHAI has agreed to close the proceedings with no further action against the Company, including withdrawal of the suspension and confirmation of no debarment, against payment of Rs.1.04 crore by the Company, deposited with NHAI on July 9, 2026. Incorporation of New Company (SPV) – Ashoka - RDB Infrastructure & Development Private Limited The Company has incorporated a new SPV, Ashoka - RDB Infrastructure & Development Private Limited, on July 15, 2026, jointly with RDB Real Estate Constructions Limited, with the Company holding a 51% stake. The SPV has been set up for Development of Gems & Jewellery Park under PPP mode at Krishi Upaj Mandi, Mandi Road, Pandri, Raipur (Chhattisgarh); the Company has subscribed to 5,100 equity shares aggregating Rs.51,000/-. Extension of Timeline for Sale of Remaining 6 SPVs of Ashoka Concessions Limited (ACL) The Company and ACL, along with the Proposed Investor (Epic Concesiones 2 Private Limited / Infrastructure Yield Plus II & IIA, managed by EAAA India Alternatives Limited), have mutually agreed to further extend the indicative timelines for completion of sale of the remaining six SPVs. The indicative date of completion has been extended up to September 15, 2026 for TS-1, TS-2 and TS-3 (where major construction works are complete) and up to September 30, 2026 for the BS SPV, subject to fulfilment of conditions precedent and requisite regulatory/lender approvals. 5 Developing Infrastructure for Better Tomorrow Q1 FY27 Standalone Financial Performance Highlights Old to new Total Revenue (Rs. Crs.) EBITDA (Rs. Crs.) EBITDA Margin % Profit before Tax -1% -17% -180 bps -1% 11.3% 1,339 1,320 151 43 43 9.5% Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 6 Developing Infrastructure for Better Tomorrow Debt Profile Old to new Consolidated Debt (Rs. Crs.) Cash & Bank Balance (Rs. Crs.) Standalone Debt Project Debt Incl ACL Debt Standalone Cash & Bank Balance Consolidated Cash & Bank Balance 6,826 1,826 1,652 4,910 1,151 1,111 1,216 1,362 943 2,718 2,778 2,773 5,174 1,042 1,127 1,173 376 3,548 215 292 261 1,676 1,651 1,600 Jun’25 Sep’25 Dec’25 Mar’26 Jun’26 Jun’25 Sep’25 Dec’25 Mar’26 Jun’26 Consolidated Debt Breakup (Rs. Crs.) Standalone Debt Breakup (Rs. Crs.) Standalone Debt Projects Debt Equipment L [Showing first 8,000 characters — download PDF for full document]