Dalmia Bharat acquires cement unit

Dalmia Bharat has acquired a 5.2 MTPA cement plants and other assets from Jaiprakash Associates Limited for an enterprise value of Rs. 2,850 crore. The assets include plants in Madhya Pradesh and Uttar Pradesh, along with a clinker capacity, thermal power assets and railway sidings. After acquisition, Dalmia Bharat’s total cement capacity will increase to 54.7 MTPA and further expand to 66.7 MTPA by FY28 with ongoing projects. The acquisition strengthens the company’s presence in Central India and is expected to improve market access, scale, and profitability.