Dalmia Bharat Enterprises' subsidiary Dalmia Cement (Bharat) is likely to acquire up to 50% of the share capital of Calcom Cement India for an aggregate investment amount of Rs. 238 crores. This investment will be made by way of various tranches, through a combination of new issuances and acquisitions, and subject to the various terms and conditions set out in the definitive documentation.
Calcom Cement is a manufacturer of OPC and PPC cement based out of Assam and is currently expanding its consolidated cement manufacturing capacity to 2.1mt.p.a.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11889.95 |
| Ambuja Cement | 458.00 |
| ACC | 1431.20 |
| Shree Cement | 25145.00 |
| Dalmia Bharat | 1975.15 |
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