Ashoka Buildcon Ltd

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform you that CRISIL Ratings Limited (the Credit Rating Agency) has the Credit Ratings for both long-term and short-term debt of the Company. The CRISIL has updated the Credit Rating for both long-term and short-term debt of the Company as CRISIL AA-/Stable (Reaffirmed) and CRISIL A1+ (Reaffirmed) respectively. This disclosure is filed under Regulation 30 of SEBI LODR Regulations 2015.The rating rationale is attached for reference.