The acquisition will enable Dalmia to expand its footprint into the Central Region and will represent a significant step towards realization of its vision to emerge as a Pan India Cement company with a capacity of 75 MnT by FY27 and 110]130 MnT by FY3.
The transaction is subject to due]diligence, requisite approvals from lenders/JV partner of Jaiprakash Associates Limited and regulatory authorities.