Dilip Buildcon Limited has informed the Exchange about General Updates
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Awaiting price reaction for this filing.
Dilip Buildcon has received the Provisional Completion Certificate for its 4-lane Bangalore-Chennai Expressway stretch from Bangarupalem to Gudipala in Andhra Pradesh, built under the Bharatmala Pariyojana on Hybrid Annity Mode (HAM). The project, with a bid cost of Rs. 1,060 crore and a first-year O&M cost of Rs. 3 crore, had a 24-month construction period and has been declared fit for commercial operation from May 9, 2025. The company will also operate and maintain the stretch for 15 years from the commercial operation date. The trading window for insiders has been closed until 48 hours after this information becomes public.
Positive for shareholders: completion of a major Rs. 1,060 crore project enables the company to start receiving annuity payments from the government over 15 years, supporting steady long-term cash flows and reducing execution risk on this order.