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Ashoka Buildcon on Friday informed the exchanges that the Public Works Dept (PWD) of the State of Maharashtra has given extension in the concession period for its road projects.
Accordingly, the company is now allowed to collect toll from September 8 to December 18 for the projects, viz. four-laning of road sections from Ahmednagar to Ghodegaon and three-laning from Ghodegaon to Wadala under build-operate-transfer basis on State Highway 60.
The toll notification is issued under the approved variation order by the Maharashtra Government.
Shares of Ashoka Buildcon gained 3.13 per cent at ₹136.65 on the BSE.
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