Ashoka Buildcon Ltd

🔄 Ashoka Buildcon Restructures ₹774M CCDs into OCDs

- Ashoka Buildcon and Viva Highways converted 7,741,250 CCDs to OCDs on March 13, 2026.

- Conversion was done on a 1:1 basis, with no change in equity shareholding.

- Based on a valuation report from R&A Valuation LLP dated March 9, 2026.

- Aims to limit equity exposure, ensure capital protection, and enhance operational flexibility.

- No benefits were provided to promoters or group companies.