Further to the announcement made on November, 23, 2019 regarding receipt of LoA, Ashoka Buildcon has informed that Ashoka Kandi Ramsanpalle Road (SPV) has executed a Concession Agreement with National Highways Authority of India (NHAI) on January 03, 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.
The above information is a part of company’s filings submitted to BSE.