Ashoka Buildcon Ltd

Ashoka Buildcon Invests ₹6.65 Crore in Infrastructure Subsidiary 📊

• Allotted 6,650,000 equity shares at ₹10 each through Rights Issue on March 30, 2026

• Total investment: ₹6.65 Crore

• Post-allotment holding: 33,050,000 equity shares in AIL

• AIL operates in infrastructure sector (roads, bridges, dams) since July 2002

• AIL reported FY 2024-25 turnover: ₹1,381.15 lakh

• AIL reported negative net worth: ₹(5,001.04) lakh for FY 2024-25

• Transaction conducted at arm's length with no additional promoter interests

• No governmental or regulatory approvals required