Dilip Buildcon Limited - Clarification

21 Feb 2022 , 12:00 AM

Dilip Buildcon Limited with respect to announcement dated 12-Feb-2022, regarding approval of divestment of equity stake of the company in 10 [Hybrid Annuity Model (HAM) projects in the Board meeting held on February 12, 2022. On basis of above the Company is required to clarify following:? 1. The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division of the listed entity during the last financial year; 2. Date on which the agreement for sale has been entered into; 3. The expected date of completion of sale/disposal; 4. Consideration received from such sale/disposal; 5. Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof. 6. Whether the transaction would fall within related party transactions? If yes, whether the same is done at arms length; 7. Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale. The response of the Company is awaited.