ASHOKA BUILDCON LTD.

Ashoka Buildcon Ltd reported audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Standalone total income decreased by 17% YoY to ₹5,952.2 Cr for FY26. FY26 PAT increased by 63% YoY to ₹320.4 Cr. The company received multiple LOAs including projects in Saudi Arabia, Bihar, and Liberia. The company's share in the Diriyah II project in Saudi Arabia is ₹846.4 crore. The company also received a Letter of Intent for a project in Maharashtra with an expected financial consideration of approximately ₹1,136 crores.

Ashoka Buildcon Ltd has scheduled a Board of Directors meeting on May 21, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for designated persons and their relatives will be closed from April 01, 2026, until 48 hours after the results are disclosed.

Ashoka Baswantpur Singnodi Road Private Limited (ABSRPL), a wholly-owned subsidiary of Ashoka Buildcon Ltd, has allotted 1,45,20,000 equity shares of ₹10 each, totaling ₹14.52 Crore, to Ashoka Buildcon under a rights issue on April 29, 2026. Post-allotment, Ashoka Buildcon now holds 4,69,90,000 equity shares in ABSRPL, maintaining its wholly-owned subsidiary status. ABSRPL, incorporated in April 2022, operates in the infrastructure sector, specifically developing a 6-lane access-controlled Greenfield highway project for NHAI. For FY2024-25, ABSRPL reported a total income of ₹17,123.43 lakh and a net worth of ₹13,554.15 lakh.

Ashoka Buildcon Limited has received a Letter of Contract Acceptance from the Ministry of Energy and Water, Republic of Angola, for the 'Electricity Sector Improvement and Access Project'. The accepted bid cost for the project is USD 72,359,639.46. The project involves the design, supply, installation, and commissioning of the rehabilitation of distribution networks for Lot 5 Luanda City 2, in Angola and is expected to be executed over 24 months.

Ashoka Buildcon Limited has fully redeemed 10,000 Rated, Listed, Senior, Unsecured, Redeemable, Non-convertible Debentures - Series III, aggregating to ₹100 Crore. The NCDs, with a face value of ₹1,00,000 each, were listed on the Wholesale Debt Segment of BSE Limited. The redemption occurred on the due date of April 23, 2026, along with the interest payment to the debenture holders. The ISIN for the NCDs is INE442H08032, carrying an interest rate of 8.75%.

Ashoka Buildcon Limited has successfully redeemed in full 10,000 Rated, Listed, Senior, Unsecured, Redeemable, Non-convertible Debentures - Series II (NCDs). Each NCD was valued at ₹1,00,000, bringing the total redemption amount to ₹100 Crore. The redemption, including the payment of principal and interest to debenture holders, occurred on the scheduled due date of April 16, 2026. These NCDs were listed on the Wholesale Debt Segment of BSE Limited, with ISIN INE442H08057.

Ashoka Buildcon Limited has successfully redeemed in full 10,000, Rated, Listed, Senior, Unsecured, Redeemable, Non-convertible Debentures - Series I (NCDs) amounting to Rs.100 Crore. The NCDs, each with a face value of Rs.1,00,000, were listed on the Wholesale Debt Segment of BSE Limited. The redemption, which included the payment of principal amount and interest, was made on the due date of April 09, 2026.

Ashoka Buildcon Ltd has issued Commercial Papers (CPs) of Rs. 100 Crore on April 08, 2026. The CPs have a tenure of 90 days from the date of allotment and offer a coupon/interest of 7.45%. The payment of interest is upfront, and the principal will be paid on the maturity date, July 07, 2026. The CPs are unsecured and do not have any special rights attached to them. The Board of Directors approved the issuance of Commercial Papers up to an amount of Rs. 300 crore at their meeting held on August 11, 2025. There is no amount of commercial papers due as on date.

Ashoka Buildcon Ltd. has announced an extension of the expected date of completion for the sale of its stake in Special Purpose Vehicles (SPVs) up to June 30, 2026. This extension is for the SPVs where the construction works are complete, as agreed upon with the proposed investor. The remaining SPVs will follow thereafter in accordance with their respective transaction documents. This update comes after the company's previous announcement of entering into share purchase agreements with Epic Concesiones 2 Private Limited, Infrastructure Yield Plus II, and Infrastructure Yield Plus IIA for the sale of the entire share capital and management control of the SPVs.

Ashoka Buildcon Limited has been allotted 66,50,000 equity shares of Rs. 10/- each, amounting to Rs. 6.65 Crore, under Rights Issue, by its wholly owned subsidiary Ashoka Infrastructure Limited. This allotment will increase the company's equity shares to 3,30,50,000, making AIL a wholly owned subsidiary. The shares were allotted on March 30, 2026, following the SEBI regulations.