KKR-backed Dalmia Cement to acquire Adhunik Cement

2012-9-28  Dalmia Cement separately counts PE giant KKR as a shareholder. Adhunik Cement, part of the Rs 3,500 crore conglomerate Adhunik Group, has its manufacturing facility in the Jaintia Hills in Meghalaya, and the cement is produced by the Adhunik

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KKR-backed Dalmia Bharat to consolidate cement biz

2016-11-7  With Dalmia Cement increasing its stake in OCL India, 48% of Dalmia's capacity is in South India and the remaining 52% in East and Northeast India. Earlier in March 2014, Dalmia Cement had inked a pact with Jaiprakash Associates to acquire its 74% stake in a cement joint venture with SAIL in Jharkhand for about Rs 667.56 crore ($109 million).

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Acquisition of “Adhunik Cement Ltd”

2021-5-15  Adhunik Cement – Achieved 10% market share in North East in FY12 Second brownfield acquisition by Dalmia under its growth strategy of organic and inorganic expansion. Dalmia first major national player to have physical presence in North East Position in North-east region will be consolidated with the acquisition of Adhunik and Calcom.

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KKR-backed Dalmia Bharat consolidates east India ...

2016-3-29  The twin transactions saw Dalmia Bharat buying out KKR's 15 per cent stake in Dalmia Cement for Rs 600 crore ($89 million) and issue shares worth Rs 619 crore ($91.3 million). It will give KKR an 8.5 per cent stake in Dalmia

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Dalmia Cement to buy Jaiprakash Associates’ 74% stake in ...

2014-3-24  In late 2012, Dalmia Cement (Bharat) signed an agreement to buy Adhunik Cement, a privately held firm based in Kolkata with cement manufacturing units located in Meghalaya, for Rs 560 crore ($105 million then) in multiple tranches.

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KKR-backed Dalmia Cement hikes stake in OCL India to

2015-2-25  In the past it has bought stakes in Adhunik Cement and Calcom Cement. Dalmia group expects to have a total capacity of 24 million tonnes in the financial year 2015-16 through both greenfield and brownfield projects. Dalmia Cement (Bharat) is a subsidiary of the public listed Dalmia Bharat (previously Dalmia Bharat Enterprises).

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KKR strengthens partnership with Dalmia

2021-2-15  DBL acquires KKR’s 15% stake in DCBL: –By Preferential issue of 7.5 million DBL shares valued at Rs. 825/ share and part cash consideration of Rs. 600 crore Promoters Public 62.8% DBL KKR 37.2% 85% 15% Promoters Public KKR 57.5% 34.1% 8.5% DCBL OCL India Ltd. Bokaro Adhunik Calcom 75% 100% 100% 76% DBL 100% DCBL OCL

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KKR Mauritius Cement Investments buys 8.5% in Dalmia ...

2016-3-14  KKR Mauritius Cement Investments Ltd has acquired 8.5 per cent stake in Dalmia Bharat Ltd. The development soon follows Dalmia Bharat getting fair trade regulator CCI’s approval to acquire

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Consolidation is the lingo for PE-backed companies ...

Cement industry in India witnessed two transactions by KKR-backed Dalmia Cement in recent past. Dalima Cement had bought Adhunik Cement in a Rs 560-crore deal and bought additional stake in Calcom Cement for Rs 77 crore last month.

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Partners spar in Dalmia arm ahead of KKR exit Business ...

2016-2-17  While KKR is bidding alone, DCBL is backed by Blackstone for the transaction, Mint had reported in January. "These details prove our point that there is some understanding or dispute, between the two parties (Dalmia

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Dalmia Bharat consolidates operations in east India ...

2016-3-30  In early March 2016 Dalmia Bharat received approval from the Competition Commission of India to acquire a 15% stake in its subsidiary Dalmia Cement Bharat from private equity firm KKR for over US$181m in a cash and stock deal. After the purchase, Dalmia Cement Bharat became a wholly-owned subsidiary of Dalmia

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PE funds, cement majors like CRH Plc in race for Lafarge ...

2015-6-5  Therefore the region has seen consolidation led by KKR backed Dalmia Cement (Bharat). After buying the assets of Calcom and Adhunik Cement, it had hiked its stake in OCL India to 74.6% while last December it also bought the entire stake in Bokaro Jaypee Cement.

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Dalmia - Cement industry news from Global Cement

2016-9-21  India: Dalmia Bharat has received approval from the Competition Commission of India (CCI) to acquire a 15% stake in its subsidiary Dalmia Cement Bharat from private equity firm KKR for over US$181m in a cash and stock deal. After the purchase, Dalmia Cement Bharat will become a wholly-owned subsidiary of Dalmia Bharat.

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We achieved the lowest carbon 146, 208, 80 footprint in ...

2021-2-15  -KKR stake acquisition -Consolidation of Eastern Footprint . 0, 112, 192 146, 208, 80 ... * Adhunik Cement Ltd. “Adhunik” 76% 100% Dalmia Power Ltd. DCBPVL (99 MW) 74% 26% * Dalmia Cement East Limited “Bokaro” 100% Dalmia Cement Bharat Ltd “DCBL” ...

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Partners spar in Dalmia arm ahead of KKR exit Business ...

2016-2-17  While KKR is bidding alone, DCBL is backed by Blackstone for the transaction, Mint had reported in January. "These details prove our point that there is some understanding or dispute, between the two parties (Dalmia and KKR), which has

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Consolidation is the lingo for PE-backed companies ...

Cement industry in India witnessed two transactions by KKR-backed Dalmia Cement in recent past. Dalima Cement had bought Adhunik Cement in a Rs 560-crore deal and bought additional stake in Calcom Cement for Rs 77 crore last month.

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Dalmia Cement Bharat Latest Breaking News on Dalmia ...

2016-6-28  Dalmia Bharat gets CCI nod to buy 15% stake in Dalmia Cement "Dalmia Bharat Ltd (DBL) signed a definitive agreement with KKR, under which it will acquire KKR

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Dalmia Bharat Group Our Growth and achievements from ...

Dalmia Bharat Group brings art to Cement, showcases the beauty and versatility of cement by launching Craft Beton. Dalmia Bharat Limited received Rs 588 cr from successful equity exit of the global private equity firm KKR as per the terms of the placement agreement.

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Dalmia Cement (Bharat) Limited(REVISED)

Calcom Cement India Limited (CCIL) is a part of the Kolkata based B K Group promoted by Mr. B. K Bawri. CCIL was incorporated in 2004 to manufacture PPC cement. Dalmia Bharat acquired a 50% stake in Assam-based Calcom Cement in January 2012, increasing its stake to

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The KKR way to smart returns - fortuneindia

2018-2-27  That wasn’t KKR India’s only success in 2017. Seven years ago, KKR India had invested Rs 750 crore in cement maker Dalmia Cement. After a part exit in 2016, it completely exited Dalmia in a block deal in April 2017. That gave the PE firm a

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msp cement ltd is planning to set up a new cement project

KKR-backed Dalmia Cement to acquire Adhunik Cement for ... Situated in northwestern Turkey, work at Bursa's site is under way with production from the new line set to start at the end of 2022. "The modernisation of our Bursa site is a strategic investment, providing us with a more competitive cost base.

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Dalmia Bharat - Business Standard

2016-11-8  acquisition of KKR’s stake in DCBL. It then amalgamated Adhunik Cement with DCBL. It also amalgamated OCL and Bokaro to have better synergies in operations. This proposed merger is part of the restructuring exercise to have one listed entity and one cement operating company, which would help in consolidation and better management of cash flows.

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We achieved the lowest carbon 146, 208, 80 footprint in ...

2021-2-15  -KKR stake acquisition -Consolidation of Eastern Footprint . 0, 112, 192 146, 208, 80 ... * Adhunik Cement Ltd. “Adhunik” 76% 100% Dalmia Power Ltd. DCBPVL (99 MW) 74% 26% * Dalmia Cement East Limited “Bokaro” 100% Dalmia Cement Bharat Ltd “DCBL” ...

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Dalmia Cement (Bharat) Limited - ICRA

2018-4-9  Dalmia Cement East Limited (Bokaro, Jharkhand), 2.1 MTPA in Calcom Cement India Limited (Lanka, Assam) and 1.5 MTPA in Adhunik Cement Limited (Jaintia Hills, Meghalaya). In FY2017, the company reported an operating income (OI) of Rs. 2,812.1-crore and a net profit of Rs. 135.3-crore as

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Consolidation is the lingo for PE-backed companies ...

Cement industry in India witnessed two transactions by KKR-backed Dalmia Cement in recent past. Dalima Cement had bought Adhunik Cement in a Rs 560-crore deal and bought additional stake in Calcom Cement for Rs 77 crore last month.

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The KKR way to smart returns - fortuneindia

2018-2-27  That wasn’t KKR India’s only success in 2017. Seven years ago, KKR India had invested Rs 750 crore in cement maker Dalmia Cement. After a part exit in 2016, it completely exited Dalmia in a block deal in April 2017. That gave the PE firm a

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Dalmia Group goes for major overhaul MA Critique

2021-7-14  Dalmia group is one of the leading players in the cement sector with installed capacity 25MTPA along with 186 megawatt (MW) of power generation capacity. It is fourth largest cement player after Ultratech, Holcim Lafarge and Shree Cements. DBL through its subsidiaries owns. 100% of DCBL (12.1 MTPA) 100% of Adhunik Cement Limited (1.5MTPA)

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Partners spar in Dalmia arm ahead of KKR exit Business ...

2016-2-17  While KKR is bidding alone, DCBL is backed by Blackstone for the transaction, Mint had reported in January. "These details prove our point that there is some understanding or dispute, between the two parties (Dalmia and KKR), which has

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Dynamic Dalmia: Can They Do it Again? - Rohit Kumar,

2020-6-4  Second, the amalgamation of Adhunik Cement (of North East) with Dalmia Cement (Bharat) Limited.” This phase was the growth phase for Dalmia Cement which took them to 25 MT capacity and earned them a reputation of fastest growing cement company in India. The capacity came about by organic and inorganic growth.

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Cement, PE firms line up for Lafarge assets - Livemint

2015-5-20  In February, Dalmia Cement increased its stake in OCL India Ltd from 48% to 74.6%. In December 2014, it acquired the entire stake in Bokaro Jaypee Cement Ltd for a

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