Ashoka Buildcon Limited
The Department of Corporate Services
The Listing Department
National Stock Exchange of India Limited
Floor 25, P. J. Towers,
Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai - 400 001
Bandra (East), Mumbai - 400 051
Scrip Code: 533271
Scrip Symbol: ASHOKA EQ.
May 25, 2023
Sub: Revised Result Update Presentation for the Quarter and year ended March 31, 2023
Please find enclosed herewith the copy of revised version of Result Update Presentation in respect of Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2023.
Kindly take the matter on your record.
For Ashoka Buildcon Limited
Digitally signed by
MANOJ ACHYUT KULKARNI Date: 2023.05.25 12:25:18 +05'30'
Manoj A. Kulkarni
ICSI Membership No. : FCS - 7377
Regd. Office : S.No. 861, Ashoka House, Ashoka Marg, Vadala, Nashik - 422 011, Maharashtra, India Tel. + 91 253 6633705Fax +91 253 2236704 www.ashokabuildcon.com
CIN : L45200MH1993PLC071970
This presentation has been prepared by and is the sole responsibility of Ashoka Buildcon Limited (the "Company"). By accessing this presentation, you are agreeing to be bound by the trailing restrictions.
This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer or recommendation to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment thereof. In particular, this presentation is not intended to be a prospectus or offer document under the applicable laws of any jurisdiction, including India. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or
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Certain statements contained in this presentation that are not statements of historical fact constitute "forward-looking statements." You can generally identify forward looking statements by terminology such as "aim", "anticipate", "believe", "continue", "could", "estimate", "expect", "intend", "may", "objective", "goal", "plan", "potential", "project", "pursue", "shall", "should", "will", "would", or other words or phrases of similar import. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or other projections. Important factors that could cause actual results, performance or achievements to differ materially include, among others: (a) our ability to successfully implement our strategy, (b) our growth and expansion plans, (c) changes in regulatory norms applicable to the Company, (d) technological changes, (e) investment income, (f) cash flow projections, and (g) other risks.
This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such change or changes.
Developing Infrastructure for Better Tomorrow
Q4 & FY23 Business Highlights
Q4FY23 Business Highlights (1/2)
Receipt of Letter of Award from MSEDCL in April 2023
- Company has received Letters of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for Development of Distribution Infrastructure at Seven Circles in the state of Maharashtra
- The total contract value is Rs 2,285 Crs.
Sale of Equity stake in UEPL in March 2023
- Subsidiaries of the Company, Unison Enviro Private Limited (UEPL) and North Haven India Infrastructure Fund, (NHIIF) have entered into a SPA with Mahanagar Gas Ltd. (MGL) for 100% equity
- The total value of the equity is Rs. 531 Crs.
Receipt of Letter of Award from Ministry of Railways in March 2023
- Received Letter of Acceptance (LoA) from Ministry of Railways, Chief Engineer/Construction/Central, North Central Railway for the Project viz. (EPC) Agreement for Gwalior - Sheopurkalan GC Project of North Central Railway
- The accepted Contract Value for the Project is Rs 285 Crs.
Receipt of Notification of Award (NoA) from North Bihar Power Distribution Corporation Ltd March 2023
- Development of Distribution Infrastructure at Muzaffarpur Electric Supply Circle (Muzaffarpur, Sitamarhi And Sheohar Districts) of Bihar under Revamped Reforms-Based and Results-Linked, Distribution Sector Scheme
- The accepted Contract Value for the Project is Rs.367 Crs.
Developing Infrastructure for Better Tomorrow
Ashoka Buildcon Limited published this content on 25 May 2023 and is solely responsible for the information contained therein. Distributed by, unedited and unaltered, on 25 May 2023 09:46:06 UTC.