Dilip Buildcon (DBL) has been declared L-1 bidder for Bhopal Metro rail project, Phase -I, valued at Rs 2.47 billion by the Urban Administration and Development Department Madhya Pradesh Metro Rail Co., Bhopal (M.P).

In accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Company has been declared L-1 bidder by the Urban Administration and Development Department Madhya Pradesh, Metro Rail Co Limited, Bhopal (M.P) for a Metro Rail project in the state of Madhya Pradesh.

The trading window for dealing in the securities of the Company by its designated employees, directors and promoters shall be closed from August 21, 2018 to August 23, 2018.

Shares of the company gained Rs 5.90, or 0.69%, to trade at Rs 859.80. The total volume of shares traded was 10,746 at the BSE (10.22 a.m., Tuesday).