Dilip Buildcon Transfers 24.99% Stake in Two Road Subsidiaries to Build India Infrastructure Fund for ₹29.59 Crore
By Shishta Dutta | Updated at: Oct 14, 2025 05:58 PM IST
Bhopal, July 3, 2025 – Dilip Buildcon Ltd (NSE: DBL, BSE: 540047) today announced the sale of a 24.99% equity stake each in two of its wholly owned highway subsidiaries to Build India Infrastructure Fund, marking a strategic move in its long-term asset monetisation plan.
The two subsidiaries Mehgama-Hansdiha Highways Ltd and Raipur-Visakhapatnam-CG-2 Highways Ltd, collectively contributed over ₹80 crore in turnover during FY25, though their share in DBL’s overall financials remained modest.
Transaction Summary
Dilip Buildcon Ltd (DBL) has disclosed key financial details of two of its subsidiaries. Mehgama-Hansdiha Highways Ltd reported a turnover of ₹41.96 crore, accounting for 3.71% of DBL’s total turnover, with a net worth of ₹28.31 crore, contributing 0.54% to DBL’s overall net worth. Meanwhile, Raipur-Visakhapatnam-CG-2 Highways Ltd posted a turnover of ₹38.47 crore, representing 3.40% of DBL’s turnover, and a net worth of ₹21.40 crore, making up 0.41% of DBL’s net worth.
| Subsidiary | Turnover (₹ in lakh) | % of DBL Turnover | Net Worth (₹ in lakh) | % of DBL Net Worth |
|---|---|---|---|---|
| Mehgama-Hansdiha Highways Ltd | 41,962.48 | 3.71% | 2,831.00 | 0.54% |
| Raipur-Visakhapatnam-CG-2 Highways Ltd | 38,471.25 | 3.40% | 2,140.37 | 0.41% |
| Action | Date |
|---|---|
| Agreement Signed | June 26, 2025 |
| Completion of Sale | July 2, 2025 |
| Subsidiary | Consideration (₹ Cr) |
|---|---|
| Mehgama-Hansdiha Highways Ltd | 12.86 |
| Raipur-Visakhapatnam-CG-2 Highways Ltd | 16.73 |
| Total | 29.59 |
Regulatory Disclosures
- Buyer Identity: Build India Infrastructure Fund, not related to DBL’s promoter group.
- Nature of Deal: Not a related party transaction.
- Regulatory Applicability: The transaction does not trigger Regulation 37A of SEBI LODR Regulations, 2015, as the transferred stake does not constitute a “substantial” disposal of undertaking under the Companies Act, 2013.
- Slump Sale: Not applicable.
Dilip Buildcon Stock Performance
As of 1:01 PM IST, Dilip Buildcon Shares are trading at ₹506, representing a 0.16% gain on July 3, 2025. Dilip Buildcon shares have declined 4.8% over the last year, gained 11.20% year-to-date, and increased 3.42% in the previous month.
About Dilip Buildcon
Dilip Buildcon Ltd (DBL) is a listed infrastructure and EPC (Engineering, Procurement and Construction) company engaged in the development of roads, bridges, tunnels, mining, and urban infrastructure across India. DBL is known for its execution speed and maintains a diversified portfolio of operational and under-construction assets. The company’s shares are actively traded on both NSE and BSE.
REF: https://nsearchives.nseindia.com/corporate/DBL_03072025112228_Announcment03072025.pdf
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