Global private equity firm KKR has sold 75 lakh shares or 8.43% in Dalmia Bharat at an average price of Rs 2,050 per share on the BSE. The shares were purchased by a host of entities, including Smallcap World Fund, Franklin Templeton and Birla Mutual Fund.
Dalmia Bharat Group is a prominent player in India’s core manufacturing sector since 1935, with a national footprint. With a turnover of over 8500 crore, it has a strong presence in Cement, Sugar, Refractories and Power.