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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Ashoka Buildcon Ltd

Ashoka Buildcon Ltd receives Rs. 865.90 Crore NHAI highway project LOA

ORDERS ▲ Positive Development LOW RISK
📅 Filed on BSE: 09 Nov 2026, 09:40 PM IST  ·  BSE ID: 09d9ae71-fe0a-469c-9921-3a23b52fc17e
View Original BSE Filing (PDF)
💡
In Simple Terms
Ashoka Buildcon secured a large highway construction contract worth over Rs. 865 Crore from NHAI, to be completed in 18 months.
🤖 AI Summary
  • Ashoka Buildcon Limited received a Rs. 865.90 Crore LOA from NHAI for highway construction.
  • The project is for the Vadodara-Mumbai Expressway (Karvad to Jujuwa section) in Gujarat.
  • The contract is on an Engineering Procurement Construction (EPC) mode with an 18-month execution timeline.
  • This order win follows Ashoka Buildcon being declared L1 for the project on November 5, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Accepted EPC Price
Rs.865.90 Crore
Time period for execution
18 months
🏢 How This Affects the Company
📈
Business Impact
This order win strengthens Ashoka Buildcon's project pipeline in the highway construction segment. The project's scale and nature are consistent with the company's core business operations.
💰
Financial Impact
The accepted EPC price of Rs. 865.90 Crore, excluding GST, will contribute to the company's order book, enhancing future revenue visibility.
⚙️
Operational Impact
The company will mobilize resources and personnel for the execution of the 8-lane access-controlled expressway construction over the next 18 months.
⚠️
Risk Impact
The risk profile is consistent with large EPC projects, with successful execution dependent on project management and timely completion.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this order win announcement.
👤
Who Is Affected
All shareholders are affected by the addition of a substantial Rs. 865.90 Crore order to the company's order book.
🔍
Management Signal
This LOA signifies management's continued focus on securing significant infrastructure development projects and expanding the company's order pipeline.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Project commencement date confirmation from NHAI.
Progress updates on construction milestones from management.
Q4 FY27 results for revenue recognition from this project.
LOW RISK This is a standard order win announcement for a large EPC project from a government authority.
💡 Investor Takeaway
Ashoka Buildcon secured an Rs. 865.90 Crore EPC order for the Vadodara-Mumbai Expressway, to be executed within 18 months, confirming its continued ability to win large infrastructure projects.
⚖️ Strengths & Concerns

✅ Positives

  • Secured a significant Rs. 865.90 Crore EPC contract for a key highway project from NHAI.
  • Project execution timeline is defined at 18 months, providing a clear timeframe for revenue recognition.
📅 Company Track Record
Ashoka Buildcon Limited has a track record of securing significant infrastructure orders, including a Rs. 865.90 Crore NHAI project recently. Past order wins include EPC projects for highway development and railway systems.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the value of the NHAI project order received by Ashoka Buildcon?
Ashoka Buildcon received a Letter of Acceptance (LOA) for an NHAI project with an accepted EPC Price of Rs.865.90 Crore, excluding GST.
What is the scope of the Ashoka Buildcon NHAI project?
The project involves balance work for the construction of an 8-lane access-controlled expressway from Km 128.0 to Km 154.6 of the Vadodara-Mumbai Expressway (Karvad to Jujuwa section) in Gujarat on an EPC mode.
What is the execution timeline for the Ashoka Buildcon NHAI project?
The order has a specified time period for execution of 18 months.
Which entity awarded the project to Ashoka Buildcon?
The project was awarded by the National Highways Authority of India (NHAI).

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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