 "Infrastructure")
Ashoka Buildcon moved to its 52-week high of Rs 232, up 10% on BSE in intra-day trade, after the company announced that it has received Letter of Award ('LoA') from Mumbai International Airport Pvt. Ltd. (MIAL) for combined land parcels in Mumbai.
“The LoA has been accepted by the company. The Company will be developing the land parcels located at NS-C02 and NS-C03 in CTS No. 145-A (Part) of village Sahar ('GVK SKY City Project') located near existing Chhatrapati Shivaji International Airport, Mumbai for development of commercial / office space of Potential Built up area of 108,494 sq. Mtrs.
“The LoA has been accepted by the company. The Company will be developing the land parcels located at NS-C02 and NS-C03 in CTS No. 145-A (Part) of village Sahar ('GVK SKY City Project') located near existing Chhatrapati Shivaji International Airport, Mumbai for development of commercial / office space of Potential Built up area of 108,494 sq. Mtrs.
