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Dalmia Bharat’s arm incorporates wholly owned subsidiary

18 Sep 2026 Evaluate

Dalmia Bharat’s step-down wholly owned subsidiary -- Ascension Mercantile (AMPL) has incorporated a wholly owned subsidiary namely ‘AMPL Green City Solutions’, which has allotted 10,000 equity shares (100% equity stake) at par to AMPL on September 17, 2026. The new entity has been incorporated to achieve efficient waste management through waste processing plants, recycling facilities, resource recovery facilities and utilities.

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.

Peers
Company Name CMP
Ultratech Cement 10670.00
Ambuja Cements 392.55
ACC 1265.25
Shree Cement 22749.60
Dalmia Bharat 1765.70
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