02 Oct 2025 | 5 Mins Read
Ashoka Buildcon acquires stake in Jaora-Nayagaon Toll Road
Flipitmoney
Ashoka Buildcon Limited increased its stake in JTCL to 61.17% through Viva Highways Limited, purchasing 7,46,20,000 shares valued at ₹166.59 crore. The acquisition enhances operational efficiency and aligns with Ashoka Buildcon's infrastructure development capabilities. The transaction was completed on October 1, 2025, with necessary approvals, benefiting stakeholders.