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