Dilip Buildcon Limited — Important, 01-02-2025: General Updates

The completion certificate for the EPC project “Navnera Barrage (Dam)” has been issued by the Water Resource Department in Kota, Rajasthan, confirming the project's physical completion on September 30, 2024. The project, part of the Eastern Rajasthan Canal Project (Phase I/(A)), was executed on a turnkey basis with a revised cost of Rs 661.95 Crores. Notably, the project was initially scheduled for completion by October 13, 2024, and has generated a bonus entitlement of Rs 2.53 Crores. This successful completion may enhance the company's project credibility and open avenues for future contracts within similar frameworks. Market participants should monitor the implications of this achievement for potential growth opportunities ahead.