Dalmia Bharat Limited (DALBHARAT) — Announcement
📢 Key Event
Dalmia Bharat to acquire 41% stake in Oyster Green Hybrid Five Private Limited
🔮 What's Next
expected to be completed within four months
💡 Investor Takeaway
The acquisition secures renewable power for Dalmia’s operations, supporting its RE100 and carbon‑negative goals.
Dalmia Bharat announced it will acquire a 41% stake (26% fully diluted) in Oyster Green Hybrid Five Private Limited for approximately **₹17.35 crores** to secure hybrid wind‑solar power for its Kadapa cement plant, with the transaction expected to close within four months subject to customary conditions.
About Dalmia Bharat Limited (DALBHARAT)
Construction Materials · Cement & Cement Products · Listed on NSE
Market Cap: ₹32,402.02 Cr
P/E: 57.5
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.