Ashoka Buildcon Limited has informed the Exchange about Execution of Contract Agreement with Government of Guyana, Public Works Department

Order above 5% of revenueExport order in hard currencyBusiness Updates View source PDF Explain this filing

ASHOKA · price

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Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹204.75

prior close

₹202.28

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.8%-1.2% vs market

Civil Construction peers, median of 84sector-2.0%-1.1% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.1 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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Sessions after the filingfrom the prior close

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Reaction day

-3.1-1.8-1.2-2.0-1.1

Next day

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-2.1-1.3-0.8-1.2-0.9

+1.5-0.8+2.3+0.2+1.4

+2.8+1.1+1.7+1.2+1.6

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15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 84Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ashoka Buildcon has signed a contract with the Government of Guyana's Public Works Department for the 'East Bank-East Coast Road Linkage Project Phase 2 (Eccles to Providence)' worth US$ 67.25 million (approximately ₹561 crore). The company received the Letter of Acceptance and executed the agreement on June 18, 2025. The project is an international item-rate contract to be completed within 18 months. The contract is fully denominated in US dollars, giving the company hard-currency earnings.

Likely market impact

This is a meaningful positive development — the order size is roughly 9-10% of Ashoka Buildcon's annual revenue, reinforcing its international road construction portfolio and providing USD inflows that hedge against rupee weakness. Likely to be viewed positively by the market.