Ashoka Buildcon Limited has announced to the exchanges regarding emerging as Lowest Bidder for NHAI road project.
As per regulatory filing, the company had submitted Bid to the National Highways Authority of India in respect of the Project viz. ‘Request for Proposal for Construction of 6 laning from Belgaum to Sankeshwar Bypass from Km. 515+000 to Km. 555+017 of NH-48 in the state of Karnataka on Engineering, Procurement & Construction (EPC) Mode under Bharatmala Pariyojana (Package-I)’.
Further, the Company has emerged as the Lowest Bidder (L-1) and the quoted Bid Price of the Project is Rs829.49cr.
At around 12:21 PM, Ashoka Buildcon was trading at Rs104.15 per piece down by Rs0.3 or 0.29% on Sensex.
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