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Dilip Buildcon gets nod to acquire 100% equity shares in DBL Infra Assets

05 Aug 2021 Evaluate

Dilip Buildcon has received approval from board of directors to acquire 100% equity shares of DBL Infra Assets. By the virtue of the said acquisition DBL Infra Assets has become a wholly owned subsidiary of the company. Main objects of the DBL Infra Assets are within the main line business of the Dilip Buildcon.

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 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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