Route One Fund I LP has sold 10 lakh shares of Dalmia Bharat through the open market route. The shares were sold on an average price of Rs 455.25 valuing the transaction to Rs 45.52 crore.
Dalmia Bharat is a cement manufacturer with plants in Tamil Nadu and Andhra Pradesh with a capacity of nine million tonnes per annum. The company is engaged in the business of cement, thermal power & other businesses.