Tribunal Reduces Proceeds of Crime for Dalmia Cement by Approx. Rs. 700 Cr.

Dalmia Bharat Ltd. announced that the Appellate Tribunal under the Prevention of Money Laundering Act, 2002 (PMLA) has passed a final order on March 9, 2026, partially allowing the appeal filed by their wholly owned subsidiary, Dalmia Cement (Bharat) Limited (DCBL). The order has substantially reduced the alleged Proceeds of Crime (PoC) from Rs. 793.34 Cr. to Rs. 92.52 Cr. DCBL is examining the order and will take further legal steps to assail the impugned order before an appropriate forum, as it does not agree with the findings. The land parcels of DCBL, previously attached by the Enforcement Directorate (ED), will be reduced accordingly based on the final order.