Dalmia Bharat's acquisition of Jaypee's cement assets hits legal hurdle

Dalmia Bharat's acquisition of Jaiprakash Associates' cement assets for ₹5,666 crore has hit a legal hurdle due to a shareholder dispute at Jaypee Bhilai Cement, with NCLT freezing Jaypee's shareholding.

“Dalmia Bharat’s acquisition of Jaiprakash Associates’ cement assets for ₹5,666 crore has hit a legal hurdle due to a shareholder dispute at one of the joint-venture plants.”mnacritique.mergersindia.com

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• mnacritique.mergersindia.comDalmia Bharat’s deal to buy Jaypee’s cement assets hits a legal hurdle | M&A CritiquemnacritiqueSep 14, 2023

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