Joint Venture6 Feb 2026, 04:51 pm
Ashoka Buildcon Secures Rs. 241.93 Crore Contract in Joint Venture with Aakshya Infra
AI Summary
Ashoka Buildcon Limited, through its joint venture with Aakshya Infra Project Private Limited, has been awarded a contract for the construction of a bridge and approach road over River Gandak in Muzaffarpur, Bihar. The contract, valued at Rs. 474.38 Crore, includes GST. Ashoka Buildcon holds a 51% stake in the joint venture, making its share in the project Rs. 241.93 Crore. The trading window for designated persons and their immediate relatives will remain closed for 48 hours after this disclosure.
Key Highlights
- Ashoka Buildcon and Aakshya Infra Project Private Limited have formed a joint venture for the project.
- The project involves the construction of a bridge and approach road over River Gandak in Muzaffarpur, Bihar.
- The contract is valued at Rs. 474.38 Crore, including GST.
- Ashoka Buildcon's share in the project is Rs. 241.93 Crore.
- The trading window for designated persons and their immediate relatives will be closed for 48 hours after this disclosure.