Dilip Buildcon Limited's Board of Directors has approved key resolutions related to a postal ballot process through circular resolution on March 31, 2026. The company has informed both BSE and NSE about these corporate governance developments as required under SEBI listing regulations.

Board Resolutions Approved

The Board of Directors passed two significant resolutions through circulation on March 31, 2026:

Regulatory Compliance and Next Steps

The company has fulfilled its disclosure obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot notice seeking member approval will be circulated in due course, with the document to be filed with stock exchanges upon distribution.

Information Accessibility

Shareholders and stakeholders can access detailed information about the postal ballot process on the company's official website at www.dilipbuildcon.com . The company has assured that all relevant documentation will be made available through appropriate channels as the process progresses.

The communication was signed by Company Secretary Abhishek Shrivastava and submitted to both BSE (Stock Symbol: 540047) and NSE (Stock Symbol: DBL) for record purposes.

Dilip Buildcon has officially received the Letter of Acceptance (LOA) from the Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat, for a flood protection embankment project worth ₹698.49 crore. The company announced this development through a regulatory filing under SEBI Regulation 30.

Project Award Details

The LOA confirms Dilip Buildcon's selection for the comprehensive flood protection infrastructure project along the Narmada River. The project specifications are outlined below:

Regulatory Compliance

The company has fulfilled all regulatory disclosure requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As per the announcement, the trading window for company insiders will remain closed for 48 hours from the date of public disclosure, in compliance with insider trading prevention norms.

Project Significance

This EPC contract represents a major addition to Dilip Buildcon's infrastructure portfolio, particularly in water management and flood protection systems. The Bharuch district location along the Narmada River is strategically important for flood management in Gujarat, requiring robust engineering solutions and construction expertise.

Contract Structure

The project operates on a domestic basis with no related party transactions involved. The 24-month execution timeline reflects the comprehensive nature of the flood protection embankment construction, encompassing engineering design, procurement of materials, and complete construction execution under the EPC model.