Dilip Buildcon Ltd

Dilip Buildcon Limited has been declared the L-1 bidder for a significant infrastructure project by the National Highways Authority of India (NHAI). The project involves the construction of a 4-lane elevated corridor, including approaches, on NH-65 in Solapur City, Maharashtra. The total order value stands at ₹688.23 Crores (excluding GST). This project is to be executed on a Hybrid Annuity Mode (HAM) and covers a length of 9.66 Km. The completion and operation period is 24 months for construction, followed by a 15-year operation period from the Commercial Operation Date (COD). This award strengthens Dilip Buildcon's order book in the road construction sector.

Dilip Buildcon Limited has been declared the L-1 bidder by REC Power Development and Consultancy Limited (RECPDCL) for the development and operation of an Intra-State Transmission System. The project involves establishing a 400 KV AIS Yavatmal (Babhulgaon) in Maharashtra, to be executed on a Build, Own, Operate and Transfer (BOOT) basis for a period of 35 years from the Commercial Operation Date (COD), following a 24-month construction period. The estimated EPC value, excluding GST, is INR 1151.47 crore. This award signifies a significant business development for Dilip Buildcon in the power transmission sector.

Dilip Buildcon Limited's 20th Annual General Meeting (AGM) was held on September 22, 2026, via video conferencing, with quorum achieved. Chaired by Mr. Dilip Suryavanshi, the meeting saw the adoption of the audited financial statements for the financial year ended March 31, 2026. Shareholders approved a final dividend of Re. 1/- per equity share and the re-appointment of Mr. Devendra Jain as a Director. Other key approvals included the ratification of the cost auditor's remuneration, an increase in remuneration for Ms. Tarishi Jain, Financial Analyst, and several material related party transactions, including enhancement of existing limits with various DBL solar and renewable subsidiaries. E-voting was facilitated for all resolutions.

Dilip Buildcon Limited (DBL) has executed definitive agreements to divest its stake in ten Special Purpose Vehicles (SPVs) undertaking its under-construction solar portfolio to Alpha Alternatives. The portfolio has an estimated total project cost of approximately INR 6,263 Cr. The transaction is valued at an enterprise value of approximately INR 6,829 Cr. DBL and Alpha Alternatives will fund the equity portion of the project cost in a 51:49 ratio during construction. Upon completion, Alpha Alternatives will acquire DBL's remaining 51% stake. This divestment aligns with DBL's "DBL 2.0" strategy, focusing on an asset-light model, capital recycling, and balance sheet deleveraging.

Dilip Buildcon Limited has been declared the L-1 bidder by REC Power Development and Consultancy Limited (RECPDCL) for the development and operation of an intra-state transmission system in Maharashtra. The project involves establishing a 400 KV GIS Solapur/Paranda Switching Station and will be executed on a Build, Own, Operate, and Transfer (BOOT) basis for a period of 35 years from the Commercial Operation Date (COD), following a 24-month construction period. The EPC value for Dilip Buildcon is estimated at INR 1265 crore (excluding GST). This award signifies a significant business development for the company in the power transmission infrastructure sector.

Dilip Buildcon Ltd (DBL) has executed definitive agreements to divest its stake in Mekhali Power Transmission Limited (MPTL), an under-construction power transmission project, to Alpha Alternatives. The total project cost is approximately ₹2,171 Cr. DBL and Alpha Alternatives will jointly fund the equity portion (51:49 ratio). Alpha Alternatives will acquire DBL's 51% stake post-commissioning, valuing the buyout at an enterprise value of approximately ₹2,914 Cr. This move aligns with DBL's 'DBL 2.0' strategy for capital recycling, balance sheet deleveraging, and building an asset-light platform. The project involves developing a 400 kV, 470 km transmission line in Karnataka, with commercial operations targeted for mid-2028.

Dilip Buildcon Limited (DBL) has received a Letter of Intent (LOI) from the Petroleum and Natural Gas Regulatory Board (PNGRB) for laying, building, operating, and expanding an LPG pipeline from Paradip, Odisha to Raipur, Chhattisgarh. The project involves DBL, through a 100% owned Special Purpose Vehicle (SPV), developing and operating the pipeline infrastructure for 25 years post a 3-year construction period. The Engineering, Procurement, and Construction (EPC) works awarded to DBL are valued at approximately INR 1800 crore, to be executed over 36 months. This initiative aims to replace road-based LPG transportation, enhancing road safety and generating revenue through transportation tariffs.

Dilip Buildcon Ltd has announced its 20th Annual General Meeting (AGM) to be held on Tuesday, September 22, 2026, at 11:00 AM IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, declaration of a dividend of ₹1 per equity share, re-appointment of Mr. Devendra Jain as Director, ratification of remuneration for the Cost Auditor for FY 2026-27, and approval of increased remuneration for Ms. Tarishi Jain. The notice and Annual Report are available on the company's website and the Registrar and Transfer Agent's website.

Dilip Buildcon Ltd has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as required by SEBI regulations. The report, which is part of the Annual Report, details the company's corporate identity, operations, and market presence. Key disclosures include its CIN, registered and corporate addresses, contact information, and financial year reporting period. The company's primary business activity is construction, accounting for 100% of its turnover, with specific segments like Roads and Highways contributing the largest share. The report also outlines the company's operational footprint across India and its customer base, which primarily consists of government entities. Employee data for the fiscal year is also provided.

Dilip Buildcon Ltd has announced its Annual Report for the financial year 2025-26, which includes the Business Responsibility & Sustainability Report and the Notice for the Twentieth (20th) Annual General Meeting (AGM). The AGM is scheduled to be held on Tuesday, September 22, 2026, at 11:00 a.m. via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The annual report and AGM notice will be available on the company's website and the Registrar and Transfer Agent's website. The company also highlighted its DBL 2.0 strategy, focusing on three engines: EPC (execution), MDO (cash flow), and InvIT (value-unlocking) to create a balanced and resilient business model.