DILIP BUILDCON SELLS TRANSMISSION PROJECT STAKE TO ALPHA ALTERNATIVES WORTH OVER RS 2,171 CR

• Dilip Buildcon (DBL) executed definitive agreements on September 8, 2026, to divest its stake in Mekhali Power Transmission Limited to Alpha Alternatives. • The under-construction power transmission project has an estimated total project cost of approximately INR 2,171 Cr. • DBL and Alpha Alternatives will fund the equity portion of the project cost in a 51:49 ratio. • Alpha Alternatives will fully acquire DBL's 51.0% equity stake post-commissioning, valued at an enterprise value of approximately INR 2,914 Cr. • The divestment advances DBL's asset-light "DBL 2.0" strategy, enabling capital recycling and balance sheet deleveraging.

Dilip Buildcon Limited

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