Announcement
Dilip Buildcon Group
Announcement
2016-09-09

In accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that THE SINGARENI COLLIERIES COMPANY LIMITED (A Government Company) has received the Letter of Intent to the Company vide letter dated 09th September, 2016 for Drilling, excavation, loading, transportation, dumping, spreading & levelling etc., of 1066.081 LBCM of OB including coal (i.e. 1041.783 LBCM of In-situ OB +7.609 LBCM of 2 Seam coal + 7.908 LBCM of middle seam top section coal +8.781 LBCM of Bottom seam top section coal) and additional works viz., 3000 Dozer hours & 3000 Shovel hours with hired conventional equipment at Khairagura OCP, BPA area for a period of 36 months.

We undertake to update you in case of any further developments in relation to the Project, and entering into a 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 09, 2016 to September 11, 2016 (both days inclusive).