Dilip Buildcon Limited has issued a corrigendum on April 13, 2026 to rectify inadvertent errors in its postal ballot notice dated April 01, 2026. The corrigendum addresses corrections in the explanatory statement under Item No. 13, which pertains to loan limits for various entities associated with the company.

Corrigendum Details and Purpose

The corrigendum was issued to rectify certain inadvertent errors in the tabular disclosure of the explanatory statement pursuant to Section 102(1) of the Companies Act, 2013. The corrections aim to ensure accuracy, clarity, and proper disclosure of the proposed limits to enable members to make informed decisions. The company has circulated this corrigendum by electronic mode to all members on their registered email addresses.

Updated Loan Limit Structure

The corrigendum provides detailed loan limits for FY 2026-27 across different categories of entities:

Major Loan Allocations

The highest individual loan limits have been allocated to renewable energy and power transmission subsidiaries:

Regulatory Compliance and Voting Process

The aggregate limit of Rs. 3,785.50 crores mentioned in the resolution under Item No. 13 remains unchanged from the original postal ballot notice. The corrigendum clarifies that pursuant to Section 185(3) of the Companies Act, 2013, restrictions in sub-sections (1) and (2) do not apply to loans made by holding companies to wholly owned subsidiaries.

Members who have already cast their votes in the ongoing postal ballot process can modify their votes in light of the corrigendum information. Such modifications must be communicated via email to the scrutinizer at cspiyushbindal@gmail.com on or before 5.00 P.M. (IST) on Friday, May 01, 2026.

Document Availability and Next Steps

The corrigendum and postal ballot notice are available on the company's website at www.dilipbuildcon.com , stock exchange websites (BSE and NSE), and the e-voting service provider MUFG Intime India Private Limited's website. The corrigendum forms an integral part of the postal ballot notice and must be read in conjunction with the original notice for all future references.

Dilip Buildcon has been officially declared the L1 (lowest) bidder for the Engineering, Procurement and Construction (EPC) project for designing and construction of Ged Barrage on the Sabarmati River. The company announced this development through a regulatory filing under Regulation 30, confirming the project value of Rs 268 crore excluding GST.

Project Specifications

The comprehensive infrastructure project involves designing and construction of Ged Barrage, protection work, and other allied activities across river Sabarmati between Hirpura barrage and Lakroda weir in Ta. Prantij, Dist. Sabarkantha. The project also includes operation and maintenance responsibilities for 10 years.

Awarding Authority

The project has been awarded by the Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat. This represents a domestic contract with no related party transactions involved, as confirmed in the regulatory disclosure.

Strategic Impact

The project award strengthens Dilip Buildcon's position in the water infrastructure segment, adding substantial value to its order book. The 24-month execution period provides clear revenue visibility, while the additional 10-year operation and maintenance component offers extended engagement with the project.

The L1 bidder status demonstrates the company's competitive pricing capabilities and technical expertise in executing complex water infrastructure projects. This project represents a significant addition to Dilip Buildcon's infrastructure portfolio in the Gujarat market.