Dilip Buildcon Limited announced in continuation to announcement dated September 16, 2021 and in accordance with the provisions of Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed that the company has incorporated 'BANGARUPALEM GUDIPAIII HIGHWAYS PRIVATE LIMITED' the new SPV Company as a wholly owned subsidiary of Dilip Buildcon Limited.