Stocks

Dilip Buildcon board to meet for divestment

| Updated on August 23, 2019 Published on August 24, 2019

 

The board of Dilip Buildcon will meet on Monday to consider a proposal for divestment of its wholly-owned subsidiaries to one or more potential investors in a structured manner over a period of time.

It has over two dozen subsidiaries, including DBL Ashoknagar-Vidisha Tollways, DBL Bankhlafata Dongawa Tollways, DBL Jaora Sailana Tollways, DBL Mundi-Sanawad Tollways and DBL Nadiad Madosa Tollways. Shareholders will closely monitor the development.

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Published on August 24, 2019
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