
Ashoka Buildcon Limited informed the exchanges on February 14, 2026, that it has received a Letter of Award from the Ministry of Public Works, Liberia for a road infrastructure project in the Republic of Liberia.
The company had submitted a bid for the project titled upgrading of the road from Nrowkia Sasstown Junction to Barclayville and Nrowkia Sasstown Junction to Sasstown and part of Nrowkia Sasstown Junction to Nipleppo road in Liberia. The Ministry of Public Works, Liberia has issued the Letter of Award for the project.
The accepted bid cost stands at $45,276,621.07. The contract has been awarded by an international entity and will be executed under the Engineering, Procurement, and Construction model.
The project involves road upgradation works in multiple stretches within Liberia. As per the disclosure, the execution period for the contract is 24 months.
The company clarified that neither the promoter nor the promoter group has any interest in the awarding authority. The order does not fall under related party transactions.
The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The trading window for designated persons and their immediate relatives will remain closed until 48 hours after the disclosure.
As of February 16, 2026, at 9:19 AM, Ashoka Buildcon share price on NSE was trading at ₹148.74 down by 1.89% from the previous closing price.
The award of the $45,276,621 EPC contract marks an addition to Ashoka Buildcon’s international order book. The 24 month execution timeline outlines the expected completion period for the Liberia road project.
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Published on: Feb 16, 2026, 10:59 AM IST

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