Dilip Buildcon Limited — Others, 12-05-2025: Monitoring Agency Report

Dilip Buildcon Limited has announced a Monitoring Agency Report from Crisil Ratings confirming that none of the Rs 532.42 Cr raised via preferential convertible warrants has been utilized yet. Around Rs 400 Cr is reserved for working capital loans and Rs 132.42 Cr for general corporate purposes. Approximately Rs 133 Cr has been received upfront, with the balance payable upon warrant conversion within 18 months. The unutilized funds remain in the company’s current bank account, with no delays or deviations reported, reflecting proper fund management ahead of planned usage.