Mumbai, Oct. 28 -- The project will be executed on a Hybrid Annuity Model (HAM) basis, involves the four-laning of the Paramakudi to Ramanathapuram section of NH-49 (New NH-87) from Km 80.360 to Km 127.025, covering a total length of 46.665 km in Tamil Nadu.

According to the company's exchange filing, the project is scheduled to be completed within 24 months, with an operation and maintenance period of 15 years from the commercial operation date (COD).

Dilip Buildcon also clarified that neither its promoters nor any members of the promoter group have any interest in the awarding authority. The company further confirmed that the transaction does not qualify as a related-party transaction under applicable regulations.

Dilip Buildcon is p...