Key Quantitative Figures
- ESG Score: 79.44
- ESG Rating: 'A+'
- Rating Category: 'Leader'
Dates of Action
- Rating Report Date: October 21, 2026
- Press Release Date: October 21, 2026
- Disclosure Date: October 21, 2026
Parties Involved
- Rated Entity: Ashoka Buildcon Limited (ABL)
- Rating Provider: Resurgent ESG Services Private Limited
- Regulatory Reference: SEBI-registered Category-II ESG Rating Provider (ERP)
- Parent Company: Resurgent India Limited (parent of Resurgent ESG Services)
Business Context
Ashoka Buildcon Limited is described as one of India's leading highway developers and infrastructure companies undertaking infrastructure development through Engineering, Procurement and Construction (EPC), Build-Operate-Transfer (BOT), and Hybrid Annuity Model (HAM) projects.
Assessment Methodology
The ESG assessment was based on:
- Data for FY 2025-26
- Comprehensive ESG assessment framework
- Combination of data-driven analysis and direct stakeholder engagement
- Evaluation beyond publicly available disclosures through direct engagement with key stakeholders within the rated entity
- Consideration of both quantitative and qualitative factors
Rating Significance
The 'A+' rating and 79.44 score recognize Ashoka Buildcon's ongoing efforts towards strengthening environmental, social and governance practices. The assessment considered the company's environmental and social impacts arising from its infrastructure development activities, alongside the strength of its governance practices and their role in supporting responsible business conduct and sustainable value creation.
Additional Information
The intimation has been made available on the company's website at www.ashokabuildcon.com. The disclosure was signed by Manoj Achyut Kulkarni, Company Secretary (ICSI M. No.: FCS 7377).