Dilip Buildcon earns maximum bonus of ₹37.90 cr on early completion of U.P. project

Dilip Buildcon on Tuesday informed the exchanges that in lieu of early completion (188 days prior) of the project in Uttar Pradesh, the company is entitled to receive a maximum bonus of ₹37.90 crore. The company had received the order for four-laning of the Lucknow-Sultanpur section under NHDP Phase-IV on hybrid annuity basis. The company received completion certificate from the authority on July 6 and has declared the project fit for entry into operation as on July 3. Shares of Dilip Buildcon closed 0.42 per cent lower at ₹427.95 on the BSE.