Ashoka Buildcon Divests Highway Assets to Maple Infrastructure Trust

subsidiary, Ashoka Concessions Limited, has completed the sale of its entire stake in five highway special purpose vehicles to Maple Infrastructure Trust for Rs 1,814.42 crore on November 26, 2025. The transaction includes Ashoka Highways (Bhandara) Limited, Ashoka Highways (Durg) Limited, Ashoka Belgaum Dharwad Tollway Limited, Ashoka Sambalpur Baragarh Tollway Limited, and Ashoka Dhankuni Kharagpur Tollway Limited. These SPVs collectively contributed approximately 5.36 percent to Ashoka Buildcon's total turnover in FY2024-25. The deal involves the transfer of share capital and repayment of shareholder loans to Maple Infrastructure Trust, a SEBI-registered infrastructure investment trust listed on the Bombay Stock Exchange. Following the announcement, Ashoka Buildcon shares rallied over 5 percent, reflecting positive market sentiment toward this strategic asset monetization move.​ Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.