Ashoka Buildcon Limited (ASHOKA) — Announcement | 13 June 2026 (2 announcements)

Ashoka Buildcon Limited announced that CRISIL has withdrawn its long-term and short-term credit ratings, which were previously reaffirmed as CRISIL AA-/Negative and A1+ respectively. The withdrawal follows the company's request and aligns with CRISIL's rating withdrawal policy, though existing ratings by other agencies remain unaffected.

Ashoka Buildcon announced it received a Letter of Acceptance from Chhattisgarh State Industrial Development Corporation for a public-private partnership project to develop a Gems and Jewellery Park in Raipur. The accepted premium is Rs.112.40 Crore with a 30-year lease term extendable to 90 years and a 5-year construction period. The trading window for designated persons remains closed for 48 hours post-announcement.