Dilip Buildcon has secured a letter of award (LOA) from Odisha Bridge & Construction Corporation Limited (OB&CC Ltd.) for an Engineering, Procurement & Construction (EPC) road project in Odisha. The order is valued at ₹160.20 crore, excluding GST, and involves the construction of a diversion road from 4/700 km to 11/500 km of the Duduka-Gopalpur-Toparia Road. The project scope includes developing a 6-lane carriageway with a service road in the Sundargarh district.

The project is scheduled to be completed within 18 months from the date of award. This development follows the company's earlier announcement dated March 14, 2026. The disclosure was made in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details

The key particulars of the awarded order are outlined below:

Regulatory Disclosures

The detailed disclosure regarding the order was submitted pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order has been awarded by a domestic entity, and it does not fall within related party transactions. Furthermore, the promoter or promoter group companies do not hold any interest in the entity awarding the contract.

The company also noted that the trading window for dealing in its securities remains closed for all insiders, designated persons, and their immediate relatives. This closure is effective from the end of the quarter until 48 hours after the declaration of financial results for the quarter ended June 30, 2026, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

A landslide occurred at the Anakkampoyil-Kalladi-Meppadi tunnel project site in Wayanad operated by dilip buildcon during an active monsoon spell on July 07, 2026. The company stated that its immediate priority is supporting rescue and relief operations while extending full cooperation to the district administration and emergency response agencies to account for all personnel at the site.

The India Meteorological Department had issued warnings for heavy to very heavy rainfall across parts of Kerala. Preliminary data from the Kerala State Disaster Management Authority indicates that Wayanad received approximately 265 mm of rainfall in the preceding 24 hours, which is 9-10 times the rainfall of an average July rainy day in the region.

Dilip Buildcon emphasized that the project is being executed in strict compliance with all applicable engineering, safety, and environmental approvals. The project is subject to multiple regulatory oversight mechanisms, including supervision by the Supreme Court-appointed Central Empowered Committee, with all excavated material handled according to approved methodology.

Wayanad and other hill districts in Kerala have historically remained vulnerable to monsoon-induced landslides. The company affirmed its commitment to cooperating with the investigation and sharing verified information as it becomes available.