Ashoka Buildcon’s arm receives balance tranche of investment of Rs 16 crore

Ashoka Buildcon Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 533271 | NSE: ASHOKA

02 Dec 2015 Evaluate

Ashoka Buildcon’s subsidiary Ashoka Concessions (ACL) has received balance / last tranche of investment of Rs 16 crore from Macquarie SBI Infrastructure Investments (MSIIPL) and SBI Macquarie Infrastructure Trust (SMIT). ACL has received total investment of Rs 800 crore as per Shareholders Agreement executed among the company, ACL, MSIIPL and SMIT in the year 2012.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

Peers

Company Name	CMP
Larsen & Toubro	3879.00
Kalpataru Projects	1391.05
NCC	132.85
Rail Vikas Nigam	206.80
KEC International	396.95
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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