Dalmia Bharat Limited
Dalmia Bharat is engaged in the business of Manufacturing and Selling of Cement. The company was started in 1939 and is the 4th largest cement manufacturer by installed capacity in India.
What Dalmia files
- Important64
- Others51
- Updates41
- Investor Meet21
- Board Meeting8
- JV/Acquisition6
Dalmia Cement (Bharat) Ltd (DCBL), a wholly-owned subsidiary of Dalmia Bharat, commenced commercial production at its Chunar, Uttar Pradesh plant. This expansion adds a Cement Grinding Capacity of 2.5 MTPA, boosting operational capacity.
Dalmia Bharat's subsidiary completed a key acquisition, adding 5.2 MnTPA cement and 3.3 MnTPA clinker capacity. This boosts total cement capacity to 54.7 MnTPA, strengthening its market position and growth outlook.
Dalmia Bharat's Board approved an AGM on June 30. Key items include seeking shareholder nod to raise up to Rs. 4,000 Cr via various securities and a final dividend of Rs. 5 per share (record date June 23). Auditors re-appointed for five years.
Dalmia Bharat acquires 5.2 MnTPA cement and 3.3 MnTPA clinker capacity for Rs 2,850 Cr. This increases total cement capacity to 54.7 MnTPA, boosting its pan-India strategy in central markets. Expected to augment EBITDA and enhance returns. Production commencement is anticipated.
Dalmia Bharat experienced a 14-day kiln breakdown, impacting cement sales in eastern markets by 2.5-3.0 Lac Tons during a peak demand period. Operations are now stable with clinker dispatch normalizing. The issue is resolved.