Ashoka Buildcon Limited — Board Meeting, 21-02-2025: Outcome of Board Meeting

The Board of Directors of Ashoka Buildcon Limited has re-appointed Mr. Mahendra Mehta as an Independent Director for a second term of five consecutive years starting from April 1, 2025, subject to shareholder approval through Postal Ballot. The board also approved the Postal Ballot Notice for this re-appointment and a potential divestment. This decision reflects the company’s strategic intent to maintain strong governance and leverage Mr. Mehta's extensive experience in capital markets and corporate governance.