STOCKWATCH
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Civil Construction
Deals7 Jun 2025, 06:41 pm

Dilip Buildcon Ltd. to Divest Up to 23% Stake in 10 SPVs to Subsidiary, Up to 26% to Alpha Alternatives and/or Build India Infrastructure Fund

AI Summary

Dilip Buildcon Ltd. announced that its Board of Directors has approved the divestment of up to 23% investment in 10 Special Project Vehicles (SPVs) to its wholly owned subsidiary, DBL Infraventures Private Limited. Additionally, the Board approved the divestment of up to 26% investment in the same SPVs to Alpha Alternatives Holdings Private Limited, Alpha Alternatives Infrastructure Fund, Build India Infrastructure Fund, and/or their affiliates. This decision was made during a Board Meeting held on June 07, 2025, and the trading window for dealing in the securities of the Company for all insiders, designated persons, and their immediate relatives, connected persons, fiduciaries, and intermediaries will be closed till 48 hours from the date the information is generally made available to the public.

Key Highlights

  • Dilip Buildcon Ltd. to divest up to 23% stake in 10 SPVs to its subsidiary, DBL Infraventures Private Limited
  • Approval for divestment of up to 26% stake in the same SPVs to Alpha Alternatives Holdings Private Limited, Alpha Alternatives Infrastructure Fund, Build India Infrastructure Fund, and/or their affiliates
  • Trading window for dealing in the securities of the Company for all insiders to be closed till 48 hours from the date the information is made public
DBL
Civil Construction
Dilip Buildcon Ltd

Price Impact