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.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
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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 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