Ashoka Buildcon acquires majority stake in JTCL for ₹166 crore to expand EPC footprint
Ashoka Buildcon Ltd, one of India’s leading infrastructure development companies, has acquired a majority stake in Jay Constructions and Transport Company Ltd (JTCL) for ₹166 crore, marking a strategic move to strengthen its presence in the engineering, procurement, and construction (EPC) segment. The acquisition, finalized on October 2, 2025, gives Ashoka Buildcon a controlling interest…