Ashoka Buildcon Ltd

Ashoka Buildcon Invests ₹4 Crore in Subsidiary VIL 📊

- Ashoka Buildcon allotted 4,002,250 equity shares in subsidiary VIL for ₹4.00 Crore

- Maintains 100% ownership with total holding of 12,106,750 equity shares

- VIL operates in infrastructure and real estate sector with focus on roads, bridges, energy, and utilities

- VIL's FY24-25 turnover: ₹872.21 lakh

- VIL's net worth: negative ₹9,606.89 lakh

- Similar negative financial trends observed in prior years

- Investment aligns with Ashoka Buildcon's core infrastructure business strategy