Dilip Buildcon bags 3 road projects worth Rs 3,269 crore

Highway developer Dilip Buildcon said it has bagged three road projects worth Rs 3,269 crore in Maharashtra.

It added that three separate SPVs (special purpose vehicles/entities) have been incorporated for the projects.

"The company has informed about the receipt of Letter of Award from the National Highways Authority of India, Ministry of Road Transport and Highways, for three projects in a single stretch in the state of Maharashtra," Dilip Buildcon Ltd (DBL) said in a BSE filing.

It further said: "DBL has incorporated three SPV companies for three projects valued at Rs 3,269 crore in Maharashtra."

Shares of the company were trading 0.17% higher at Rs 434.70 apiece on BSE.