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Ashoka Buildcon has received Letter of Acceptance (LoA) for Kognoli Toll Plaza

<p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Ashoka Buildcon Ltd. has informed that the Company has received Letter of Acceptance (LoA) for the Project viz. Collection of User Fee Through Fee Collecting Agency on the Basis of Competitive Bidding at Kognoli Toll Plaza located at Km 591.300 for the section from Maharashtra Border- Belgaum (Km 537.000 to Km 592.240) of NH- 4 in the State of Karnataka from National Highways Authority of India (NHAI).</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">The estimated value of the Contract is INR 24.09 Crores (Rupees Twenty Four Crores Nine Lacs only). Company has been engaged by NHAI to collect user fee for the period of 1 year.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Source-On Request</span></span></span></p>