India’s Dalmia Group looks to merge OCL & Dalmia Bharat

The Dalmia Group is planning to merge OCL India and Dalmia Bharat, its listed cement firms, according to sources in contact with The Economic Times newspaper. In addition, Dalmia Bharat is reported by India’s leading business paper as likely to merge Dalmia Bharat Enterprises, its unlisted arm, with itself. The merger talks are said to have been denied by Dalmia Group.
August 27, 2014 Read time: 1 min

The Dalmia Group is planning to merge 7727 OCL India and Dalmia Bharat, its listed cement firms, according to sources in contact with The Economic Times newspaper. In addition, Dalmia Bharat is reported by India’s leading business paper as likely to merge Dalmia Bharat Enterprises, its unlisted arm, with itself. The merger talks are said to have been denied by Dalmia Group.

Quarry Products

For more information on companies in this article

Related Content

February 25, 2016

Minerals aid India’s fast-growing economy

An investment of over US$500 million in a new tyre plant is a signal that Indian company BKT intends to meet its ambitious global targets over the next few years.

It sees major growth coming in the mining and quarrying markets and is hoping that eventually 40-50% of its income will be from this business. The recent huge investment at its Bhuj, northern India plant (see separate story), is part of increasing spending in the nation, which is already the second largest user of aggregates behind China.

In

boombox1

Highlighted Content

boombox2