Ashoka Buildcon Limited has received an Environmental, Social, and Governance (ESG) rating of 72.2 from SES ESG Research Private Limited. The company disclosed this development to the stock exchanges on January 14, 2026, in compliance with regulatory requirements.

ESG Rating Details

The rating assignment was communicated to both BSE Limited and the National Stock Exchange of India Limited as part of the company's disclosure obligations under Regulation 30 of the SEBI Listing Regulations.

Independent Assessment

Ashoka Buildcon emphasized that it did not engage the services of SES ESG Research Private Limited for obtaining this ESG rating. The rating agency independently prepared the assessment based on data available in the public domain. This approach reflects the growing trend of rating agencies conducting unsolicited evaluations of companies' ESG performance.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This circular mandates listed companies to inform stock exchanges about ESG ratings assigned to them, ensuring transparency for investors and stakeholders.

Corporate Communication

The formal communication was signed by Manoj A. Kulkarni, Company Secretary of Ashoka Buildcon Limited, who holds ICSI Membership No. FCS – 7377. The disclosure was digitally signed and timestamped at 10:09:25 +05'30' on January 14, 2026, ensuring authenticity and compliance with digital documentation requirements.

Ashoka buildcon Limited has announced a positive development in its credit rating assessment, with CARE Ratings Limited reaffirming the company's debt ratings while adding positive implications to the outlook. The infrastructure and construction company disclosed this update to stock exchanges on January 13, 2026, in compliance with regulatory requirements.

Credit Rating Details

CARE Ratings Limited has updated both the long-term and short-term debt ratings for Ashoka Buildcon Limited, maintaining the existing rating levels while enhancing the outlook with positive implications.

The reaffirmation of these ratings indicates that CARE Ratings continues to view the company's creditworthiness favorably, while the addition of positive implications suggests potential for future rating upgrades based on the company's financial performance and business prospects.

Regulatory Compliance

The credit rating update was communicated to both BSE Limited and National Stock Exchange of India Limited as part of the company's obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure covers various debt instruments including:

• Commercial Papers: Multiple codes including 729743, 730307, 730851, and 730880
• Non-Convertible Debentures: Codes 976190, 976191, and 976192

Significance of Rating Watch with Positive Implications

The "Rating Watch with Positive Implications" designation by CARE Ratings suggests that the rating agency is closely monitoring developments that could lead to a rating upgrade in the near term. This positive outlook reflects the rating agency's assessment of improving financial metrics, business fundamentals, or other factors that could strengthen the company's credit profile.

The formal communication was signed by Company Secretary Manoj A. Kulkarni on January 13, 2026, ensuring proper documentation and regulatory compliance for this significant financial development.