"Ashoka Banwara Bettadahalli Road Pvt Ltd (SPV) has executed a concession agreement with National Highways Authority of India (NHAI) on March 19, 2020, for the project viz. four laning of Tumkur-Shivamogga section...in the state of Karnataka, on hybrid annuity mode under Bharatmala Priyojana (Package - III),"
The SPV is a wholly owned subsidiary of the company, the filing said.
"The accepted bid project cost is Rs 1,035.50 crore," the filing said.
Shares of Ashoka Buildcon were trading at Rs 54.65 apiece on the BSE, up 3.21 per cent over the previous close.