Dilip Buildcon Limited - Vijay Kumar Mishra Construction Pvt. Ltd. (Joint Venture) [DBL-VKMCPL (JV)] has executed the agreement with the Water Resources Department Madhya Pradesh, Bhopal (M. P.). MALHARGARH PRESSURIZED MICRO LIFT MAJOR IRRIGATION PROJECT DIST.-MANDSAUR (M.P): "Construction of Malhargarh Pressurized Micro Lift Major Irrigation Project on turnkey basis (Project For 46500 Ha.

Irrigation) comprising of preparation of Construction drawings & design, obtaining approval of all construction drawing & design from the competent authority including construction of all civil, mechanical and electrical works involved in the construction of Project." Project Cost (INR in million): INR 6,990.3 million. Mode: Turnkey. Completion period and Operation period: 36 Months, Management, operation and maintenance (MOM)for the period of 60 months after completion.

Further, as per Company's Code of conduct of Prevention of insider trading and pursuant to Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 as amended from time to time, the trading window for dealing in the securities of the Company for all insiders, designated persons and their immediate relatives, connected persons, fiduciaries and intermediaries shall be closed till 48 hours from the date the said information generally made available with the public.