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Ashoka Buildcon sells SPVs to Maple Infrastructure Trust
PRIVATENov 27, 2025•8 months ago
Acquiring Company
Ashoka Buildcon
Acquired Company
Maple Infrastructure Trust
MumbaiAlbaniaConstructionIt Infrastructure
Description
Ashoka Buildcon has completed a transaction on November 26, 2025, selling its entire share capital in five special purpose vehicles (SPVs) to Maple Infrastructure Trust and its nominees. The sale was made for an aggregate consideration of Rs 1,814.42 crore, subject to certain holdbacks. This move is part of Ashoka Buildcon's strategy to optimize its asset portfolio.
Company Information
Company
Ashoka Buildcon
Location
Mumbai, Maharashtra, India
About
Ashoka Buildcon is a leading infrastructure development company in India. It specializes in road construction, highways, and other infrastructure projects. The company has a strong track record of successful project execution. Ashoka Buildcon focuses on providing comprehensive solutions in the infrastructure sector.
Mumbai
AlbaniaConstructionIt Infrastructure