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Dilip Buildcon planning for divestment of wholly owned subsidiaries

22 Aug 2019 Evaluate

Dilip Buildcon is planning for divestment of wholly owned subsidiaries (WOS) of the company to one or more potential investors in a structured manner over a period of time in different tranches. The Board of Directors of the Company at its meeting to be held on August 26, 2019 to consider the same.

Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.

Peers
Company Name CMP
Lodha Developers 1155.00
Prestige EstatesProj 1477.95
Dilip Buildcon 412.15
DLF 670.70
Oberoi Realty 1836.05
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