Ashoka Buildcon Secures Rs.308 Crore Bridge Project in Daman
Filing Summary
Ashoka Buildcon Limited has received a Letter of Acceptance from the Public Works Department, Daman, for a construction project. The project involves building a signature bridge connecting Jampore Sea Front road to Devka Sea Front road. The accepted bid price is Rs.308 Crore, excluding GST. The project is to be completed within 30 months. The trading window for designated persons is closed until 48 hours after the financial results for the quarter ending December 31, 2025, are declared. The project is a domestic contract with no related party transactions involved.
Ashoka Buildcon Limited has announced the receipt of a Letter of Acceptance from the Public Works Department, Daman, for a construction project. The project entails the construction of a signature bridge connecting Jampore Sea Front road near the Light House to Devka Sea Front road at Parkota Sheri, Daman. The accepted bid price for this project is Rs.308 Crore, excluding GST.
The project is categorized as a domestic contract and involves the design, build, and operation of the bridge. The time frame for completing the design and build work is set at 30 months. There are no related party transactions involved in this contract, and the promoter group does not have any interest in the entity awarding the contract.
The trading window for designated persons of Ashoka Buildcon and their immediate relatives is closed from January 1, 2026, until 48 hours after the declaration of the financial results for the quarter ending December 31, 2025. This measure is in compliance with the company’s trading policy.
The Public Works Department of Daman is responsible for the development and maintenance of infrastructure projects in the region. The department focuses on enhancing connectivity and infrastructure to support regional development.
Ashoka Buildcon Limited is engaged in the construction and infrastructure development sector. The company focuses on executing projects in roads, bridges, and other civil engineering works. It aims to deliver projects efficiently while adhering to quality standards and timelines.