
Ashoka Buildcon Limited (ABL) has reported a major portfolio of development through the divestment of five highway SPVs by its subsidiary, Ashoka Concessions Limited (ACL).
Ashoka Concessions Limited (ACL), a material subsidiary of Ashoka Buildcon Limited (ABL), has completed the sale of its entire stake in 5 highway special purpose vehicles (SPVs) to Maple Infrastructure Trust. The transaction, valued at ₹1,814.42 crores, was completed on November 26, 2025.
This deal involves the transfer of 5 toll road entities that together accounted for approximately 5.36% of ABL’s turnover in FY2024–25. The SPVs include Bhandara, Durg, Belgaum–Dharwad, Sambalpur–Baragarh and Dhankuni–Kharagpur, marking one of the larger recent asset monetisation moves in India’s highway sector.
The divestment signals ABL’s intent to streamline its portfolio and reallocate resources towards higher-priority or future-focused initiatives. Selling these operational assets to Maple Infrastructure Trust, a SEBI-registered InvIT, reflects the continued consolidation within the infrastructure ecosystem.
The deal strengthens ABL’s financial flexibility and positions the company to pursue new opportunities, making the market attentive to how the sale proceeds will influence its upcoming strategic direction.
Read More: Ashoka Buildcon Acquires 26% Stake in JTCL for ₹166.6 Cr, Raising Holding to 61.17%!
As of November 27, 2025, at 9:07 AM, Ashoka Buildcon share price is trading at ₹183 per share, reflecting a surge of 2.81% from the previous closing price. Over the past month, the stock has declined by 5.41%.
This divestment strengthens Ashoka Buildcon’s financial position and reflects a strategic shift towards optimising its asset portfolio. The sale to an InvIT highlights growing investor interest in road assets and enhances the company’s flexibility to focus on core operations or pursue new growth opportunities in the infrastructure sector.
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Published on: Nov 27, 2025, 2:20 PM IST

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