Dilip Buildcon Limited has issued a postal ballot notice seeking shareholder approval for providing loans totaling ₹3785.50 crores to its subsidiary companies and group entities for financial year 2026-27. The notice, dated April 01, 2026, was submitted to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Loan Approval Details

The company's Board of Directors has proposed to obtain shareholder approval through special resolution under Section 185 of the Companies Act, 2013. The total loan facility of ₹3785.50 crores will be distributed among subsidiary companies, associate companies, joint ventures, trusts, and other body corporates for their principal business activities.

E-Voting Schedule

Shareholders can participate in the voting process through the e-voting facility during the specified period. The company has made arrangements for both demat and physical shareholders to register and participate in the voting process.

Major Loan Allocations

The loan distribution covers 52 entities across various business segments including solar power, highways, mining, and joint ventures. The largest allocations include solar power subsidiaries and highway development companies.

Business Rationale

The Board has determined that these loans are necessary for the ordinary course of business operations and to meet various legislative, policy, and operational requirements of the subsidiary companies. The Audit Committee has recommended the proposal, emphasizing that the funds will be utilized exclusively for principal business activities of the recipient entities.

Regulatory Compliance

The postal ballot notice includes comprehensive details for shareholder participation, with specific instructions for both demat and physical shareholders. The company has provided helpdesk details for technical assistance during the e-voting process, ensuring compliance with regulatory requirements for shareholder approval of related party transactions.

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.