NSEAwarding of order(s)/contract(s)29 Aug 2026 · 29 Aug 2026, 10:12 am

Awarding of order(s)/contract(s)

Ashoka Buildcon Limited · ASHOKA

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Ashoka Buildcon Limited has received a Letter of Acceptance (LOA) from Rail Vikas Nigam Limited (RVNL) for a project worth Rs.602.16 Crore, to supply and commission electro mechanical systems for a rail line project in Uttarakhand.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Ashoka Buildcon Limited has informed the Exchange about Intimation for Receipt of Letter of Acceptance (LOA) from Rail Vikas Nigam Limited (RVNL)

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ASHOKA_29082026101205_501_ABL_BSE_NSE_RVNL_LoA_290826.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 August 29, 2026 Subject: Intimation for Receipt of Letter of Acceptance (LOA) from Rail Vikas Nigam Limited (RVNL) 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 Rail Vikas Nigam Limited (RVNL). Package-3: Supply, Erection, Testing & Commissioning of Electro Mechanical (E&M) System comprising of 33/11kv & 11/0.433kv GIS Substations, HT & LT Cables, DG Sets, Lighting, Ups System, Ventilation Systems & Fire Fighting Systems and other associated works for Tunnel T-13, T-14, T-15 & T-16 under package E-4 of Rishikesh Karnprayag New BG Rail Line Project in the State of Uttarakhand (“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 Rail Vikas Nigam Limited, vide order(s)/contract(s) LOA dated August 28, 2026 2 Significant terms and conditions of • Percentage Rate Bidding; order(s)/contract(s) awarded • Performance BG of Rs.25.51 Crore to be submitted to RVNL; and • Defect Liability Period of 2 years. 3 Whether order(s) / contract(s) Domestic Entity have been awarded by domestic/ international entity 4 Nature of order(s) / contract(s) Supply, Erection, Testing & Commissioning of Electro Mechanical (E&M) System comprising of 33/11kv & 11/0.433kv GIS Substations, HT & LT Cables, DG Sets, Lighting, Ups System, Ventilation Systems & Fire Fighting Systems and other associated works for Tunnel T-13, T-14, T-15 & T-16 under package E-4 Of Rishikesh Karnprayag New BG Rail Line Project in the State of Uttarakhand 5 Whether Domestic or International Domestic 6 Time period by which the order(s)/ Completion Period: contract(s) is to be executed 30 months from date of commencement 7 Broad consideration or size of the Rs.602.16 Crore (incl. GST) order(s) / contract(s) 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