Dilip Buildcon Group

outcome of the Board Meeting of the Company held on August 29, 2016, inter alia, has considered and approved the following businesses:

1. Considered and approved incorporation of new SPV for the project of “4-laning of the Lucknow – Sultanpur section of NH-56 from 11.500 km to 134.700 km in the state of Uttar Pradesh under NHDPPhase – IV on a hybrid annuity basis”

2. Taken on record the consent obtained from the majority of directors form waiver to receive details of business in respect of meetings of board of directors/committees which are in the nature of unpublished price sensitive information may be given at a meeting itself.

3.Enhanced of authority of borrowing committee.

4.Considered and approved enhancement of working capital facilities from rs.4520.00 crores to rs.6520.00 crores.