Cement News tagged under: Dalmia Bharat Ltd

RSS feed

Dalmia Cement to support FIFA U-17 World Cup India

04 October 2017, Published under Cement News

Dalmia Cement Bharat Ltd has signed up as a National Supporter of the FIFA U-17 World Cup India 2017, which kicks off on 6 October 2017. Chairman of the Local Organising Committee and President of the All India Football Federation Praful Patel said: "Dalmia has shown its commitment to the future of Indian youth with its partnership with the FIFA U-17 World Cup. We welcome them and salute their commitment." Dalmia Cement Bharat Ltd CEO Mahendra Singhi said: "Dalmia is extremely delighted to...

KKR to swap stake in Dalmia Cement with listed parent

18 January 2016, Published under Cement News

Private equity firm KKR is swapping its stake in Dalmia Cement for a piece of its public listed parent, according to a stock market disclosure on Friday. "Dalmia Bharat Ltd (DBL) signed a definitive agreement with KKR, under which it will acquire KKR's 15 per cent stake in DCBL in return of KKR getting 8.5 per cent stake in DBL as well as INR600 crore [INR6bn/US$88.7m] in cash," Punit Dalmia, managing director of Dalmia Bharat Group, told the Press Trust of India. This deal not only simpl...