Ashoka Buildcon Limited has received a Letter of Acceptance (LOA) from the Public Works Department WD – I, Daman, for the construction of a signature bridge. The project, valued at ₹307.71 Crore (excluding GST), involves connecting Jampore Sea Front road to Devka Sea Front road. The trading window is closed from January 1, 2026, until 48 hours after the financial results declaration for the quarter ended December 31, 2025.
Daman Bridge Project Awarded
Ashoka Buildcon Limited has secured a significant project from the Public Works Department (WD – I) in Daman. The project entails the construction of a signature bridge, enhancing connectivity in the region.
Project Details
The awarded project involves the construction of a proposed signature bridge connecting Jampore Sea Front road near the Light House to Devka Sea Front road at Parkota Sheri in Daman.
Financial Aspects
The accepted bid price for the project is ₹307.71 Crore, excluding Goods and Services Tax (GST). The project is to be executed by Ashoka Buildcon as per the terms of the Letter of Acceptance.
Project Timeline
The Design and Build work is expected to be completed within 30 months.
Trading Window Closure
The trading window for designated persons and their immediate relatives is closed from January 1, 2026, until 48 hours after the declaration of the financial results for the quarter ended December 31, 2025.
Source: BSE
