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Dalmia Bharat buys Jaiprakash cement assets from Adani for Rs 2,850 crore
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. The company is also expanding existing facilities. By FY28, Dalmia Bharat's total production capacity will reach 66.7 million tonnes. The transaction is expected to complete soon. This acquisition strengthens Dalmia Bharat's position as a pan-India player.
Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeover
Dalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insolvency resolution, strengthens Dalmia's presence in central India. The acquisition includes cement plants and power capacity, boosting Dalmia's total capacity significantly. This move accelerates expansion plans and provides faster market access.
Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sources
Dalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jaiprakash Associates under insolvency. The deal settles past disputes. Adani Ports is also acquiring a fertilizer holding company. Adani Power has acquired Jaiprakash Associates' power assets. These moves signal significant consolidation in India's infrastructure sector.
Adani Power inks deals to buy Jaiprakash Power stake, Churk assets for over Rs 4,193 crore total
Adani Power is set to acquire a significant stake in Jaiprakash Power Ventures and a thermal power plant. This move is part of a resolution plan for Jaiprakash Associates. The acquisitions will boost Adani Power's generation capacity and expand its presence in the thermal power sector. The deal is expected to be completed within 90 days of NCLT approval.
Adani Ports to acquire indirect control of Kanpur Fertilizers for Rs 1,500 crore under Jaiprakash Associates resolution plan
Adani Ports will acquire Jaypee Fertilizers & Industries for Rs 1,500 crore. This deal gives Adani Ports control of land in Kanpur. This land is suitable for a large logistics park. The acquisition will boost Adani Ports' inland logistics network in North India. It supports their plan to expand multimodal logistics parks and warehousing capacity.