This is to inform you that the Company is in receipt of a letter dated March 07, 2023 from National Highways Authority of India, along with a copy of the MoRTH order dated March 02, 2023 intimating that 'MoRTH vide its Order dated March 02, 2023 has deemed fit that M/s Ashoka Buildcon Limited be debarred for a period of 45 days from the date of issue of the order of debarment i.e. March 02, 2023.'
The Company is evaluating the contents of the letter/order and assessing its impact. The Company shall explore all the possible recourses available with it, against the letter/order.
We request the exchange to take this information on record.
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