ASHOKA BUILDCON LTD. - Change In Credit Rating Of Subsidiary Of The Company

Pursuant to Regulation 30(9) of SEBI (LODR) Regulations, 2015, Ashoka Buildcon Limited (the Company) informs that ICRA Limited, the Credit Rating Agency (ICRA) has withdrawn the Credit Ratings issued ([ICRA]A (Stable); Reaffirmed), to Ashoka Concessions Limited (ACL), since there are no debt/Banking Credit Facilities outstanding for ACL, being an unlisted material subsidiary of the Company.