Loading…
Dalmia Cement Bharat Limited took over the Banjari Cement factory in Rohtas, Bihar, from Kalyanpur Cement Limited after NCLT approval in December 2017. Trial production has begun, and cement will be marketed under Dalmia Cement brand from September 10, 2018.
Dalmia Bharat is set to acquire bankrupt Kalyanpur Cement after lenders approved a debt resolution plan that may exceed INR 3.5 billion. The NCLT has not yet approved the acquisition.