Dalmia Bharat subsidiary receives acquisition approval for cement unit
after close1 source ↓written by the desknot a recommendation
- deal includes
- 2.2 MTPA grinding unit
- 1.1 MTPA clinker capacity
Dalmia Bharat's subsidiary, DCBL, has received a Letter of Intent to acquire Bhilai Jaypee Cement following approval from the Committee of Creditors. This deal includes a 2.2 MTPA grinding unit and 1.1 MTPA clinker capacity, expanding Dalmia's operational portfolio. The acquisition is pending final NCLT and regulatory approvals.
Not investment advice. For informational purposes only.