Ashoka Buildcon has incorporated a special purpose vehicle (SPV) namely ‘ASHOKA - RDB Infrastructure & Development’, on July 15, 2026, along with RDB Real Estate Constructions. The company has 51% stake in the SPV.
The entity has been incorporated as a SPV for development of Gems & Jewellery Park under public private partnership (PPP) mode at Krishi Upaj Mandi, Pandri, Raipur, Chhattisgarh.
Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis.
