Dalmia Bharat’s wholly owned subsidiary -- Dalmia Cement (Bharat) (DCBL) has executed a business transfer agreement with Jaiprakash Associates (JAL) (which has been acquired by Adani Group under the Insolvency & Bankruptcy Code ‘IBC’) and Adani Infra (India) on May 21, 2026 for acquisition of Cement Undertaking comprising of plants located at Rewa (Madhya Pradesh), Churk, Chunar and Sadwa (Uttar Pradesh) with 5.2 MnTPA cement capacity and 3.3 MnTPA clinker capacity at an Enterprise Value of Rs 2,850 crore. The asset also entails 99 MW of thermal power capacity and railway siding at Rewa and Chunar, along with a common railway siding at Churk.
With the consummation of the transaction, the company’s cement capacity will increase to 54.7 MnTPA. In addition to this, the ongoing expansion projects at Belgaum, Pune and Kadapa will further augment the company’s cement capacity to 66.7 MnTPA by Q2 or Q3 FY28. The transaction is expected to be consummated within two weeks.
Dalmia Bharat has emerged as one of the most respected cement manufacturers in India, contributing to nation-building through adequate capacity creation, consistently high-quality standards and value-added products.
