Pursuant to the provisions of Regulation 30 of the SEBI Regulations, 2015, Ashoka Buildcon Limited (the Company) informs that the Company had submitted bid, for the following Project to ....

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 13, 2026 Subject: Intimation for Receipt of Letter of Intent (LOI) from REC Power Development and Consultancy Limited (REC) 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 REC Power Development and Consultancy Limited. Establishment of 400/220/132 kV AIS Sakoli (Dist. Bhandara) on Tariff Based Competitive Bidding (“Project”) Further to apprise that the Company has received Letter of Intent 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 declaration. The details required pursuant to Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 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 REC Power Development and order(s)/contract(s) Consultancy Limited, vide LOI dated August 13, 2026 2 Significant terms and conditions of Tariff Based Competitive Bidding order(s)/contract(s) awarded (TBCB) Performance Bank Guarantee of Rs.16.70 Crore within 10 days of issuance of LoI date 3 Whether order(s) / contract(s) Domestic Entity have been awarded by domestic/ international entity 4 Nature of order(s) / contract(s) Establishment of 400/220/132 kV AIS Sakoli (Dist. Bhandara) on Tariff Based Competitive Bidding 5 Whether Domestic or International Domestic 6 Time period by which the order(s)/ Completion Period: contract(s) is to be executed 24 months Operation & Maintenance Period 35 years 7 Broad consideration or size of the Rs.1265.37 Million, annually, for order(s) / contract(s) 35 years. (Annual Transmission Charges) 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