Ashoka Buildcon Ltd

This is in continuation to the announcement made by the Company on October 30 2024 informing about Ashoka Concessions Limited (ACL) a material unlisted subsidiary of the Company entering into of share purchase agreements and other transaction documents (Transaction Documents) with Maple Infrastructure Trust (Proposed Investor) inter alia for sale of the entire share capital held in its following subsidiaries.1) Ashoka Highways (Bhandara) Limited2) Ashoka Highways (Durg) Limited3) Ashoka Belgaum Dharwad Tollway Limited4) Ashoka Sambalpur Baragarh Tollway Limited 5) Ashoka Dhankuni Kharagpur Tollway Limited