Ashoka Buildcon Subsidiary Rights Issue Allotment

Ashoka Buildcon's wholly-owned subsidiary ABSRPL allotted 1.45 crore equity shares via rights issue for ₹14.52 crore.
Post-allotment, Ashoka Buildcon holds 4.70 crore shares maintaining 100% ownership of ABSRPL.
ABSRPL reported FY25 total income of ₹171.23 crore and net worth of ₹135.54 crore.
The subsidiary operates in infrastructure sector executing NHAI highway projects under Bharatmala Pariyojana.