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Exchange Disseminated Time 02/12/2016 08:15:33 | Dilip Buildcon Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 01, 2016, inter alia, has approved the following;
1. Considered and reviewed the utilization of funds raised through the IPO.
2. Considered and approved incorporation of new SPV Company for the project of "rehabilitation and up-gradation of NH-66 (Erstwhile NH-17) from km 406/030 to km 450/170 (Kalmath to Zarap section), four lane with paved shoulder in the state of Maharashtra under NHDP phase - iv on a hybrid annuity basis"
3. Considered and approved the authorisation to provide undertaking to the authority on behalf of project "rehabilitation and up-gradation of NH-66 (Erstwhile NH-17) from km 406/030 to km 450/170 (Kalmath to Zarap section), four lane with paved shoulder in the state of Maharashtra under NHDP phase - iv on a hybrid annuity basis". |
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