◂ Announcements

Feb 15, 2023ACQUISITIONMadhya Pradesh, Uttar Pradesh, Chhattisgarh, India

CCI approves Dalmia Cement's acquisition of Jaiprakash Associates' cement plants

The Competition Commission of India approved Dalmia Cement's acquisition of cement, clinker and power plants from Jaiprakash Associates for ₹5,666 crore, adding 9.4 mtpa cement capacity.

Value

$690.0M (56.7B INR)

Status

Announced

Capacity

9.4 mtpa cement, 6.7 mtpa clinker, 280 MW power

Productscementclinkerthermal power

CompaniesJaiprakash Associates target Dalmia Cement acquirer

Sectors#Construction Materials

“The acquisition will enable New Delhi-headquartered Dalmia Cement to expand its footprint into the central India region and emerge as a pan-India company.”thehindubusinessline.com

1 source
thehindubusinessline.comCCI approves Dalmia Cement’s acquisition of Jaiprakash Associates’ cement plants for ₹5,666 crore - The HinduBusinessLineKR SrivatsFeb 15, 2023

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

More from Jaiprakash Associates

profile ▸

Loading…