ASHOKA BUILDCON LTD. - Achievement Of Financial Closure

Ashoka Buildcon Limited ('the Company') is pleased to inform that Ashoka Kandi Ramsanpalle Road Private Limited, a wholly owned subsidiary of the Company, is in receipt of letter from National Highways Authority of India dated October 23, 2020 for the Approval for achievement of Financial closure as on October 05, 2020 for the Project viz. 'Four laning of NH-161 from Kandi (Design Km 0.000) (Km 498.250 of NH-65) to Ramsanpalle (Design Km 39.980/Existing Km 44.757) (Design Length = 39.980 Km) in the State of Telangana under Bharatmala Pariyojna on Hybrid Annuity Mode'. <BR> <BR> The Bid Project Cost is Rs.1,000 Crore. <BR> <BR> This is for your kind information.<BR>