Ashoka Buildcon Limited — Important, 05-06-2025: General Updates

Ashoka Buildcon has announced a board meeting to discuss the financial results for the quarter and half-year. The company and its subsidiary Ashoka Purestudy Technologies secured Letters of Intent for Intelligent Traffic Management System projects across five Maharashtra circles, with combined project costs exceeding Rs 1,387 Cr. Execution will begin within 15 months, followed by a 10-year operation and maintenance period, adding a long-term revenue stream and strengthening their presence in smart infrastructure solutions.