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| Exchange Received Time 05/01/2018 13:51:28 Exchange Disseminated Time 05/01/2018 13:51:30 Time Taken 00:00:02 | A new Company has been incorporated named as 'DBL-VPR Mining Private Limited' for exploring sector of Mining Activities including but not limited to coal mining. The said company has been incorporated as a Subsidiary of Dilip Buildcon Limited.
The said company is jointly promoted by Dilip Buildcon Limited and M/s VPR Mining Infrastructure Private Limited, with equity participation of 74 % and 26% respectively, in the Equity Share capital of the said company.
The new company is formed following discussions between Dilip Buildcon Limited and M/s VPR Mining Infrastructure Private Limited who together have recognized the major synergies that both companies may offer each other in the field of various projects within the Mining Industry.
Further we wish to inform you that the said Company shall be exploring and identifying various Mining tenders and shall work for submission of bid for the same.
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