Dilip Buildcon has been issued provisional completion certificate, for highway project in Karnataka.

It has informed that project WCP-6 DBFOMT of existing state highway Mundargi-Hadagali-Harapanhalli, Karnataka, on annuity basis has been completed, and it is entitled to maximum bonus of one annuity payment of Rs.17,73,00,000 in lieu of earlier completion of the said project. The provisional completion certificate has been issued and declared fit for entry into commercial operation as on February 5, 2018.

Further, it has also received provisional completion certificate for the project of Hirekerur-Ranibennur, Karnataka and declared fit for entry into commercial operation as on February 24, 2018 and consequently the company is entitled to maximum bonus of 1 annuity payment of Rs.19,62,00,000 in lieu of earlier completion of the said project.

Read EquityPandit’s Technical Analysis of Indian Stock Market