Dilip Buildcon Seeks Shareholder Approval for Related Party Transactions Up to ₹1625 Crore
Dilip Buildcon Limited (DBL) has issued a Postal Ballot Notice, dated December 18, 2025, seeking shareholder approval for material related party transactions with its subsidiary, DBL ERCP Bandh Bareth...
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Why is Dilip Buildcon Limited in the news today?
Dilip Buildcon Limited (DBL) is in the news due to the announcement pertains to a routine procedural requirement for related party transactions, which is standard for companies with subsidiaries. while the transaction value is significant, it does not inherently indicate positive or negative performance.
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Dilip Buildcon Seeks Shareholder Approval for Related Party Transactions Up to ₹1625 Crore
December 18, 2025, 09:43 AM
Dilip Buildcon Limited (DBL) has issued a Postal Ballot Notice, dated December 18, 2025, seeking shareholder approval for material related party transactions with its subsidiary, DBL ERCP Bandh Baretha Private Limited (DEBBPL). The proposed transactions, which include investments, unsecured loans, and guarantees, are valued at an aggregate of up to ₹1625 Crores.
These transactions are necessary for DEBBPL to execute the project "Construction of feeder from Isarda to Khura Chainpura to Bandh Baretha Bharatpur including all components with its O&M for a period of 20 years on Hybrid Annuity Model (ERCP -09-TF-8)". The company emphasizes that these transactions will be conducted on an arm's length basis and in the ordinary course of business.
The e-voting facility for shareholders will commence on Friday, December 19, 2025, at 9:00 a.m. (IST) and conclude on Saturday, January 17, 2026, at 5:00 p.m. (IST). The results of the postal ballot are expected to be announced on or before Tuesday, January 20, 2026.
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