Dilip Buildcon Limited announced that a new company has been incorporated named as DBL-VPR Mining Private Limited for exploring sector of Mining Activities including but not limited to coal mining. The said company has been incorporated as a Subsidiary of Dilip Buildcon Limited. The said company is jointly promoted by Dilip Buildcon Limited and M/s VPR Mining Infrastructure Private Limited, with equity participation of 74 % and 26% respectively, in the Equity Share capital of the said company. The new company is formed following discussions between Dilip Buildcon Limited and M/s VPR Mining Infrastructure Private Limited who together have recognized the major synergies that both companies may offer each other in the field of various projects within the Mining Industry.