Dalmia Cement executes Business Transfer Agreement to acquire cement plants from Jaiprakash Associates Ltd for ₹2,850 Cr enterprise value.
Acquisition adds 5.2 MnTPA cement capacity in Central region, increasing Dalmia's total capacity to 54.7 MnTPA.
Transaction settles all pending disputes with JAL and provides strategic access to Central markets with expansion potential.
Deal expected to be consummated within two weeks, marking key milestone in Dalmia's pan-India expansion strategy.