Dilip Buildcon Limited has informed the Exchange about General Updates
DBL · price
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Awaiting price reaction for this filing.
Dilip Buildcon has transferred a 24.99% equity stake in two of its wholly-owned highway subsidiaries — Mehgama-Hansdiha Highways and Raipur-Visakhapatnam-CG-2 Highways — to Build India Infrastructure Fund for a total consideration of Rs 29.59 crore. The agreement was signed on June 26, 2025, and the transaction was completed on July 2, 2025. This move is part of the company's ongoing long-term partnership with Alpha Alternatives Holdings, as flagged in earlier disclosures since November 2023. Together, the two subsidiaries contributed about 7.1% of DBL's turnover and less than 1% of its net worth in the last financial year. The buyer is not related to the promoters or group companies.
This is a relatively small monetisation of minority stakes in two BOT highway SPVs and is unlikely to materially move the stock. It signals DBL's continued effort to unlock value from its road infrastructure assets through its partnership with Alpha Alternatives, which shareholders may view as a positive step toward capital recycling.