Dilip Buildcon Limited

Dilip Buildcon has said it is entitled to receive ₹42.18 crore as bonus for early completion of an order pertaining to construction and upgradation of roads in Madhya Pradesh. The order for development of the Patan-Tendukheda-Rehli road section, an 86.6-km stretch on National Highway 15, was supposed to be completed in 730 days, but was completed 374 days before the scheduled date, the company said in a filing to the exchanges. The second order entailing upgrading the Jabalpur-Mandla-Chilpi section, a 21.85-km stretch, was completed in 630 days, 100 days prior to the scheduled date, the company said. The total consolidated cost of the project was ₹462 crore, Dilip Buildcon said. Shares of the company slipped 1.7 per cent at ₹360.80 on the NSE.