Deals14 Dec 2025, 01:30 pm
Ashoka Buildcon Secures Rs. 1,041.44 Crore Flyover Construction Project in Mumbai
AI Summary
Ashoka Buildcon Ltd., through its joint venture with Aakshya Infra Projects Pvt. Ltd., has been awarded a Rs. 1,041.44 Crore project for the construction of a flyover connecting J.J. Bridge and Sitaram Selam Bridge in Mumbai. The project is expected to be completed within 24 months, excluding the monsoon period.
Key Highlights
- Ashoka Buildcon's joint venture secures a Rs. 1,041.44 Crore project for constructing a flyover in Mumbai.
- The project is expected to be completed within 24 months, excluding the monsoon period.
- The joint venture comprises Ashoka Buildcon Ltd. holding 51% and Aakshya Infra Projects Pvt. Ltd. holding 49%.
- The project is awarded by the Brihanmumbai Municipal Corporation (BMC).
- The trading window for designated persons of the company and their immediate relatives will remain closed till 48 hours after this disclosure.