In continuation to announcement dated March 4, 2022 & November 15, 2022 and in accordance with the provisions of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, Dilip Buildcon has informed that Dilip Buildcon (the 'Company' or 'DBL') has transferred its balance 51% equity shareholding in DBL Sangli Borgaon Highways to Shrem InvIT ('Purchaser') on November 29, 2022: The Company has received Rs 46.15 crores against transfer of balance 51% shareholding of DBL in DBL Sangli Borgaon Highways.
The above information is a part of company’s filings submitted to BSE.