◂ Announcements

Dec 13, 2022ACQUISITIONMadhya Pradesh, Uttar Pradesh, Chhattisgarh, India

Dalmia Bharat to acquire cement assets of Jaiprakash Associates

Dalmia Bharat Cement, through its subsidiary Dalmia Cement (Bharat) Ltd, has entered into a binding agreement to acquire clinker, cement and power plants from Jaiprakash Associates Ltd and its associate company for an enterprise value of INR 56,660 million. The assets are located in Madhya Pradesh, Uttar Pradesh and Chhattisgarh, India.

Status

Announced

Capacity

9.4 Mta cement, 6.7 Mta clinker, 280 MW power

Productscementclinkerpower

CompaniesJaiprakash Associates target Dalmia Bharat Cement acquirer

Sectors#Construction Materials

“Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement (Bharat) Ltd (DCBL) has entered into a binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates Ltd and its associate company.”cemnet.com

1 source
cemnet.comDalmia Bharat to acquire Jaiprakash Associates LtdDec 13, 2022

Summarized from public sources; check the original articles before acting on it.

More from Jaiprakash Associates

profile ▸

Loading…