DBL

It was being incorporated as Dilip Buildcon Private Limited as on June 12, 2006, as a private limited company under the Companies Act, 1956 with the RoC. Soon, the business of M/s Dilip Builders (“Dilip Builders”), a sole proprietorship concern along with all its assets and liabilities was transferred to Dilip Buildcon Private Limited with effect from April 1, 2007, on a going concern basis according to an agreement dated May 19, 2007. It was also converted into a public limited company according to a special resolution of the Shareholders dated July 12, 2010, and consequently, the company name was changed to Dilip Buildcon Limited. Also, a fresh certificate of incorporation according to the change of name was issued by the RoC on August 26, 2010.

2006: It was incorporated in the name and style of ‘Dilip Buildcon Private Limited.’

2009: It also achieved revenue above INR 1,500 million.

It was converted from a private limited company to a public limited company, and consequently, the company name was changed to ‘Dilip Buildcon Limited.’

Also, the first order of a value over INR 5,000 million and the first order outside Madhya Pradesh.

Also, the Investor Selling Shareholder invested an amount of INR 750,005,000 by subscription to 2,400 Compulsorily Convertible Preference Shares and 100 Equity Shares.