Dilip Buildcon Share Price Surges; Wins Order Worth ₹879.30 Crore from NHAI

Dilip Buildcon Limited (DBL) has secured a major highway development mandate with the company confirming the receipt of a Letter of Acceptance from the National Highways Authority of India (NHAI).  

The project involves four-laning the Paramakudi to Ramanathapuram section of NH-49 (new NH-87) in Tamil Nadu, covering a total length of 46.665 kilometres. The update was issued through an exchange filing dated November 28, 2025, as part of DBL’s regulatory disclosures.  

Project Scope And Terms 

According to the filing, the project is valued at ₹879.30 crore excluding GST and will be executed under the Hybrid Annuity Model. The scope covers the stretch from Km 80+360 to Km 127+025, with design changes incorporated into the final alignment.  

The work must be completed within 24 months, followed by an operation period of 15 years starting from the commercial operation date. The contract has been awarded by a domestic entity, and the terms are defined under a general contract structure as specified in the Letter of Acceptance.  

The project does not fall under related-party transactions and has been awarded independently at arm’s length.  

Regulatory Compliance and Governance 

The communication notes that the disclosure has been made as required under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. DBL has also announced that trading in its securities has been restricted for designated persons and insiders until 48 hours after the information becomes publicly available, in line with SEBI’s insider-trading regulations.  

Read More: Dilip Buildcon Share Price Surges; Emerges as L-1 Bidder for ₹5,000 Crore NALCO Tender! 

DBL Share Price Performance  

As of November 28, 2025, at 1:25 PM, DBL share price is trading at ₹473.15 per share, reflecting a surge of 0.56% from the previous closing price.  

Conclusion 

With this LOA, Dilip Buildcon strengthens its presence in Tamil Nadu’s highway development pipeline, adding another significant HAM project to its portfolio. The company is now preparing to mobilise resources for timely commencement, with construction expected to begin within 30 days of the award.  

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