Ashoka Buildcon Limited — New Orders, 06-06-2025: Awarding of order(s)/contract(s)

Ashoka Buildcon has secured an EPC contract worth ₹1673.25 Cr plus GST for developing 20M+ wide roads, flyovers, minor bridges, and street lighting in TPS-10 & TPS-11 under the NAINA project by CIDCO. However, CIDCO has currently halted all project activities after a Bombay High Court order invalidated the financial bid. The company is evaluating the financial and operational impact and will update investors accordingly.