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The Economic Times

Economy / The Economic Times

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Dalmia Bharat buys Jaiprakash cement assets from Adani for Rs 2,850 crore

Dalmia Bharat is acquiring Jaiprakash Associates' cement business from Adani Group for 2,850 crore. This deal adds 5.2 million tonnes of cement capacity. The company is also expanding existing facilities. By FY28, Dalmia Bharat's total production capacity will reach 66.7 million tonnes. The transaction is expected to complete soon. This acquisition strengthens Dalmia Bharat's position as a pan-India player.

23 May 2026 1:09 am