Dilip Buildcon Limited — QIP/Rights/Pref., 13-06-2025: Conversion

Dilip Buildcon has announced a board meeting to approve conversion of 1.54 crore convertible warrants into equity shares at Rs. 328.05 each (including premium). Shares were allotted to three investors: Alpha Alternatives (16.2 lakh), Helium Services (1.14 crore), and Quanterra Strategies (24.1 lakh). Paid-up capital rose from Rs. 1462 Cr to Rs. 1616 Cr post-conversion. Around 8.4 lakh warrants remain unconverted. This equity infusion boosts the company’s capital base with no change in promoter holding.