Dilip Buildcon plans Rs 20 billion raise via warrants and InvIT route

Dilip Buildcon Limited (DBL) aims to raise up to Rs 20 billion through a strategic collaboration with the Alpha Alternatives Group. This capital infusion will occur over 12-18 months and involves a 10 per cent stake acquisition by Alpha through warrants at Rs 328.05 per warrant, amounting to a Rs 5.30 billion investment. In addition, Alpha will secure a 26 per cent stake in 18 road assets under the InvIT route, while DBL retains the remaining 74 per cent.