Ashoka Buildcon receives LOA from South Western Railway.

Ashoka Buildcon Limited ("the Company") had submitted its bid to the South Western Railway ("SWR") and the Company has received a Letter of Acceptance (LOA) from SWR for the Project viz. 'Construction of New BG Line Between Chainage 192.000 and Chainage 171.640 including Electrical & Telecommunication Works Between Tolahunse (Ex.) & Bharmasagar (Ex.) Stations on Engineering, Procurement & Construction (EPC) Mode' ("Project").

The accepted Bid Project Cost for the Project is Rs. 258.12 Crore.

The completion period is 24 months from the date of Appointed Date.

EQUITYBULLS