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Wednesday, January 29, 2025 | 06:52 AM ISTEN Hindi

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Ashoka Buildcon Ltd

Intimation Regarding Signing Of SPA For Sale/Disposal Of Stake In Spvs (Defined Below) Of Ashoka Buildcon Limited And Ashoka Concessions Limited Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations & Disclosure Requirements)

03:19 AM, 31st Dec 2024

The Company announces the signing of securities purchase agreement with Epic Concesiones 2 Private limited for inter alia sale of entire share capital (including repayment /transfer of all shareholder loans) and management control of SPVs held by the Company and Ashoka Concessions Ltd. a subsidiary of the company for an aggregate consideration of Rs.2324 Crore.