Ashoka Buildcon Limited — Capital/Financing Update 2020

Sep 14, 2020

Ashoka Buildcon Limited

To The Manager The Department of Corporate Services BSE Limited Floor 25, P. J. Towers, Dalal Street, Mumbai —400 001

To The Manager The Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai —400 051

Scrip Code : 533271 Scrip Symbol : ASHOKA

September 14, 2020

Subject: Receipt of WA for National Highway Authority of India (NHAI) Projects

In continuation to the Announcement made on September 08, 2020, by Ashoka Buildcon Limited ("the Company"), the Company further updates that the Company has received Letters of Award (LOAs) from National Highway Authority of India (NHAI) in respect of the following Projects:

• a. Request for Proposal for Four laning of Arrah to Pararia section of NH-319(old NH-30) from Km 0+000 to Km 54+530 (Design Chainage) in the State of Bihar under Bharatmala Pariyojana Phase -1 on EPC Mode (Package-I), the accepted Contract Value for which is Rs.700 Crore; and
• b. Request for Proposal for Four laning of Pararia to Mohania section of NH-319(OId NH-30) from Km 54+530 to Km 115+330 (Design Chainage) in the State of Bihar under Bharatmala Parlyojana Phase-I on EPC Mode (Package II), the accepted Contract Value for which is Rs.690 Crore.

The aggregate accepted Contract Value of both the Projects is Rs.1,390 Crore.

This announcement is made pursuant to the Regulation 30 of SEBI (LODR) 2015.

This is for your kind information.

Yours faithfully, For Ashoka Buildcon Limited

(Manoj A Kulkarni) Company Secretary ICSI M. No.: FCS 7377

Regd. Office: S.No. 861, Ashoka House, Ashoka Marg, Vadala, Nasik-422 011, Maharashtra, India Tel. + 91 253 6633705 Fax +91 253 2236704 • www.ashokabuildcon.com CIN: L45200MH1993PL0071970