Ashoka Buildcon Limited — Important, 01-07-2025: General Updates

Ashoka Buildcon has announced a board meeting on an upcoming date. The company has extended the expected completion date for the sale of its entire stake in five subsidiaries under Ashoka Concessions Limited to September 30, 2025, due to pending conditions precedent. This delay affects the transaction involving sale to Maple Infrastructure Trust, extending the timeline from the earlier June 30 deadline. No financial impact was disclosed in this update.