The Economic Times

Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeover

Dalmia Cement has acquired key cement assets from Jaiprakash Associates for 2,850 crore. This deal, facilitated by the Adani Group's insolvency resolution, strengthens Dalmia's presence in central India. The acquisition includes cement plants and power capacity, boosting Dalmia's total capacity significantly. This move accelerates expansion plans and provides faster market access.