Dilip Buildcon Share Price in Focus; Secures ₹688.23 Crore Order from NHAI for Solapur Corridor

Dilip Buildcon Limited has received a Letter of Award from the National Highways Authority of India (NHAI) for a road construction project worth ₹688.23 crore in Maharashtra.  

The contract covers a four-lane elevated corridor in Solapur city, with the project cost excluding Goods and Services Tax (GST). The company disclosed the order in a filing on October 29, 2026. The award follows an earlier disclosure dated September 28, 2026. 

Corridor to Connect Old Pune Naka and Boramani Naka 

The project involves constructing an elevated corridor, including its approaches, between Old Pune Naka and Boramani Naka on National Highway 65 (NH-65). The specified stretch runs from kilometre 0.050 to kilometre 9.710, covering a total length of 9.66 km. 

NHAI has awarded the contract under the Hybrid Annuity Mode (HAM). The company's filing identifies the awarding authority as a domestic entity and classifies the order as a general contract. 

Construction Period Set at 24 Months 

Dilip Buildcon has been given 24 months to complete the construction work. The contract also includes an operation period of 15 years from the Commercial Operation Date (COD), according to the details submitted by the company. 

The ₹688.23 crore order value excludes GST. The regulatory filing sets out the construction timeline and operation period but does not provide further details on the project's construction schedule. 

Company Discloses Contract Details 

The filing also states that companies belonging to the promoter or promoter group have no interest in NHAI in relation to the award. 

Dilip Buildcon further confirmed that the contract does not fall under related-party transactions. The disclosure was signed by company secretary Abhishek Shrivastava on October 29, 2026. 

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Dilip Buildcon Share Price Performance 

As of October 29, 2026, 12:07 pm, Dilip Buildcon share price was trading at ₹373.50, a 3.21% decrease from the previous closing price. 

Conclusion 

The contract covers a 9.66 km elevated corridor in Solapur, with construction scheduled over 24 months. The project also includes a 15-year operation period from COD, with an order value of ₹688.23 crore excluding GST. 

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