Business Update7 Jul 2026, 02:48 pm
Dilip Buildcon Wins ₹160.20 Cr Road Project in Odisha
AI Summary
Dilip Buildcon Ltd has announced receiving a Letter of Award (LOA) from Odisha Bridge & Construction Corporation Limited (OB&CC Ltd.) for a project worth ₹160.20 Crores (excluding GST). The project involves the construction of a diversion road from 4/700 km to 11/500 km of Duduka-Gopalpur-Toparia Road (6 Lane with Service Road) in Sundargarh District, Odisha, on an Engineering, Procurement & Construction (EPC) basis. The completion period for this project is 18 months. The company also noted that the trading window for dealing in its securities remains closed until 48 hours after the declaration of financial results for the quarter ended June 30, 2026.
Key Highlights
- Received LOA for road construction project in Odisha.
- Project value stands at ₹160.20 Crores (excluding GST).
- EPC mode project with an 18-month completion timeline.
- No promoter interest in the awarding entity.
- Trading window remains closed for insiders.
Price Impact
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