Dalmia Cement (Bharat) (DCBL), wholly-owned subsidiary of Dalmia Bharat on Monday entered into a binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates and its associate having total cement capacity of 9.4 MnT (along with clinker capacity of 6.7MnT and thermal power plants of 280MW) at an enterprise value of Rs 5,666 crore, the company said in a press release.
Dalmia Bharat dips 5% a day after inking deal to buy Jaiprakash's biz units
Meanwhile, Jaiprakash Associates dipped 8 per cent to Rs 10.81, falling 13 per cent from its intra-day high, and Jaiprakash Power Ventures declined 5 per cent to Rs 7.90 on the BSE.
 "cement, ACC, Ambuja cement")
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Dalmia Cement (Bharat) (DCBL), wholly-owned subsidiary of Dalmia Bharat on Monday entered into a binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates and its associate having total cement capacity of 9.4 MnT (along with clinker capacity of 6.7MnT and thermal power plants of 280MW) at an enterprise value of Rs 5,666 crore, the company said in a press release.
Topics : Buzzing stocks Jaiprakash Associates Dalmia Bharat Cement stocks stock market trading Markets Sensex Nifty acquisition
First Published: Dec 13 2022 | 10:52 AM IST
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