Ashoka Buildcon informs about updates on acquisition

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

16 Mar 2024 Evaluate

In continuation to its letter dated March 14, 2024, Ashoka Buildcon has informed that the Company, has acquired 4,91,39,970 equity shares of Rs 10 each fully paid-up, from GVR Infra Projects held in GVR Ashoka Chennai ORR (‘CORR’), an Associate Company, out of total 9,45,00,000 equity shares to be acquired. CORR has become subsidiary of the Company post-acquisition of these shares.

The above information is a part of company’s filings submitted to BSE.

Peers

Company Name	CMP
Larsen & Toubro	3879.00
Kalpataru Projects	1391.05
NCC	132.85
Rail Vikas Nigam	206.80
KEC International	396.95
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.