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The boards of Dalmia Bharat Ltd and OCL India Ltd approved a merger to create India's fourth largest cement company. The merged entity will be named Dalmia Bharat Ltd.
“The Board of Directors of Dalmia Bharat Ltd (DBL), OCL India Ltd (OCL), Dalmia Cement (Bharat) Ltd (DCBL) and Odisha Cement Ltd (ODCL)...approved a Scheme of Arrangement and amalgamation for the merger of Dalmia Bharat with OCL India”thehindubusinessline.com
Summarized from public sources; check the original articles before acting on it.