Ashoka Buildcon Limited (the Company) informs that the Company has submitted bid to City & Industrial Development Corporation of Maharashtra Limited (CIDCO) for the Project viz. Request for Proposal for Design and Construction of Stilt Bridge SBR - 9 for Eastern Connectivity for Navi Mumbai International Airport (NMIA) Project, Navi Mumbai. C.A. No. 02/CIDCO/EE(AP-III)/2023-24 (Project), in Joint Venture, where the Company is Lead Member of JV. Further to apprise that the Company has received LoA from CIDCO for the said Project. The accepted Contract Value for the Project is Rs. 662.55 Crore, excl. GST. This announcement is made pursuant to the Regulation 30 of SEBI (LODR) 2015.