Dilip Buildcon Group

In accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that the Ministry of Road Transport and Highways (MORTH) has declared the L-1 for "Rehabilitation and up-gradation of Eeppurpalem - Ongole section from Km 195+000 to Km 254+500 of NH-214A (New NH-216) to two lane with paved shoulder in the state of Andhra Pradesh under NHDP IV on EPC basis" at a Project cost of Rs. 350.01 Crores having length of 57.874 Km and completion period of 24 Months (the "Project").

We undertake to update you in case of any further developments in relation to the Project, and entering into a concession agreement pursuant to the terms of the letter of award.

Further, as per Company's Code of conduct of Prevention of insider trading pursuant to Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, as amended, the trading window for dealing in the securities of the Company by its designated employees, directors and promoters shall be closed from September 7, 2016 to September 9, 2016 (both days inclusive).