Dilip Buildcon Limited has issued a clarification to BSE Limited regarding a significant increase in its stock trading volume, confirming that no undisclosed material events are driving the unusual market activity. The infrastructure company's response came following an inquiry from the stock exchange on December 18, 2025.

Company's Response to BSE Inquiry

In its official communication dated December 19, 2025, Dilip Buildcon addressed BSE's concerns about the volume surge with reference to letter number L/SURV/ONL/PV/APJ/2025-2026/774. The company emphasized its commitment to regulatory compliance and transparent disclosure practices.

Regulatory Compliance Statement

The company stated that it has been making prompt disclosures of all material events and information within stipulated timelines as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This includes all price-sensitive information that may impact the company's operations or performance.

Dilip Buildcon confirmed that based on available information, there are no material events or price-sensitive developments that are significant and require dissemination to investors. The company explicitly stated it has no comments on the significant increase in stock volume.

Key Points from the Clarification

• All material events have been disclosed as per SEBI regulations
• No undisclosed price-sensitive information exists
• Company maintains full compliance with disclosure requirements
• No specific reason identified for the volume increase
• All relevant operational and performance impacts have been communicated

The clarification was signed by Abhishek Shrivastava, Company Secretary and Compliance Officer, reaffirming the company's commitment to maintaining transparency with investors and regulatory authorities. The company expressed readiness to provide any additional information if required by the exchange.

Dilip Buildcon Limited has issued a postal ballot notice seeking shareholder approval for material related party transactions worth up to ₹1,625.00 crores with its subsidiary company.

Transaction Overview

The company is seeking approval for transactions with DBL ERCP Bandh Baretha Private Limited (DEBBPL), a subsidiary incorporated on November 4, 2025. DEBBPL serves as a Special Purpose Vehicle for executing the construction project of a feeder from Isarda to Khura Chainpur to Bandh Baretha Bharatpur, including all components with operations and maintenance for 20 years under the Hybrid Annuity Model.

E-Voting Schedule

The company has implemented a remote e-voting system through MUFG Intime India Private Limited as the voting agency. The voting timeline is as follows:

Transaction Components

The proposed related party transactions include multiple financial instruments to support DEBBPL's project execution capabilities:

• Direct equity and quasi-equity investments
• Provision of unsecured loans as required
• Corporate guarantees and performance guarantees
• Security arrangements for banking facilities
• Indemnities and comfort letters as needed by lenders

Regulatory Compliance

The transactions fall under Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as they exceed the materiality threshold of 10% of the company's annual consolidated turnover.

Governance and Approvals

The Audit Committee approved these transactions on November 13, 2025, after reviewing relevant documentation and mandatory disclosures. The committee confirmed that all transactions will be conducted on an arm's length basis and in the ordinary course of business.

The Board of Directors has appointed M/s Piyush Bindal & Associates, Practicing Company Secretaries, as the scrutinizer for conducting the postal ballot process.

Shareholder Information

Eligible shareholders as of the cut-off date of December 12, 2025, can participate in the e-voting process. The postal ballot notice is available on the company's website at www.dilipbuildcon.com and on stock exchange websites. Physical copies are not being sent in compliance with MCA circulars, with communication conducted entirely through electronic means.