Ashoka Buildcon Limited (the company) informs that Ashoka Ankleshwar Manubar Expressway Private Limited (SPV) has executed a Concession Agreement with National Highways Authority of India (NHAI) on May 11, 2018, for the Project viz. Construction of Eight (8) Lane Vadodara Kim Expressway from Km 279.00 to Km 292.00 (Ankleshwar to Manubar Section of Vadodara Mumbai Expressway) in the state of Gujarat under NHDP Phase - VI on Hybrid Annuity mode (Phase IA-Package IV) (Project). SPV is a wholly owned subsidiary of Ashoka Concessions Limited, a Subsidiary of the Company. The accepted bid project cost is Rs.1687 crore.