May 24, 2024

Dalmia Cement (Bharat) to acquire 18% stake in a wind power entity

Dalmia Cement (Bharat) (DCBL), wholly owned subsidiary of Dalmia Bharat, has entered into Share Purchase Agreement (SPA), Deed of Accession (DOA) and Power Purchase Agreement (PPA) on 05 April 2024, to acquire 18.13% of equity share capital of O2 Renewable Energy V, consisting of 68,99,293 equity shares aggregating to Rs.7,80,99,997 in one or more tranches […]

Shree Cement launches Bangur Concrete with new RMC plant

Shree Cement has launched Bangur Concrete, inaugurating its first Greenfield Ready Mix Concrete (RMC) plant in Hyderabad. The new plant has a production capacity of 90m3/hr. Earlier in March, Shree Cement acquired five operational plants from StarCrete in Mumbai, raising its combined RMC capacity to 512m3/hr. This move marks a significant step in the company’s […]