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VERIFIEDET Finance·positive
Dalmia Bharat buys Jaiprakash cement assets from Adani for Rs 2,850 crore
AI Summary
- ·Dalmia Bharat is acquiring Jaiprakash Associates' cement business from Adani Group for ₹2,850 crore.
- ·This deal adds 5.2 million tonnes of cement capacity to Dalmia Bharat.
- ·Dalmia Bharat's total production capacity is projected to reach 66.7 million tonnes by FY28.