Dalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insolvency resolution, strengthens Dalmia's presence in central India. The acquisition includes cement plants and power capacity, boosting Dalmia's total capacity significantly. This move accelerates expansion plans and provides faster market access.

New Delhi, May 21 (PTI) Dalmia Bharat Ltd will acquire the cement assets of Jaiprakash Associates Ltd (JAL) for more than Rs 2,500 crore, sources said, as the Adani Group moves to…

Dalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insolvency resolution, strengthens Dalmia's…

Deal under Adani Group-led insolvency resolution to boost Dalmia’s capacity to 54.7 MTPA with focus on central India markets

Dalmia Bharat is acquiring Jaiprakash Associates' cement business from Adani Group for ₹2,850 crore. This deal adds 5.2 million tonnes of cement capacity. The company is also…