Brief: Ashoka Buildcon Says SPV Has Handed Over Toll Project Back To Maharashtra Government After Expiry Of Concession Period

Ashoka Buildcon

29/09/2023 16:34

Sept 29 (Reuters) - Ashoka Buildcon Ltd  ABDL.NS :
    * SPV HAS HANDED OVER TOLL PROJECT BACK TO MAHARASHTRA
GOVERNMENT
AFTER EXPIRY OF CONCESSION PERIOD
    * AVERAGE DAILY TOLL COLLECTION WAS AROUND 1.1 MILLION
RUPEES
    * TOLL INCOME WAS NOT RECOGNIZED AS REVENUE AS MATTER IS
SUB-JUDICE

Source text for Eikon:  ID:nBSE9kJBY 
Further company coverage:  ABDL.NS 

 ((Reuters.Briefs@thomsonreuters.com;))