Dalmia Bharat Ltd

Dalmia Bharat Ltd announced that the Central Government has amended the Mines and Minerals (Development and Regulation) Act, 1957, effective August 22, 2026. This amendment restricts State Governments from imposing taxes, cess, and other levies on mineral rights or mineral-bearing lands. Any such levies not paid or collected before the amendment are deemed invalid, though amounts already paid are not refundable. Consequently, Dalmia Bharat and its subsidiaries will no longer be required to pay Mineral Bearing Land Tax and Mineral Cess on limestone in Tamil Nadu, Assam, and Meghalaya, having paid ₹127 Cr in FY26 and ₹38 Cr in FY27 towards these levies.

Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Ltd, has received a Letter of Intent (LOI) from the Resolution Professional for Bhilai Jaypee Cement Limited (BJCL). This follows the approval of Dalmia Cement's resolution plan by BJCL's Committee of Creditors under the Corporate Insolvency Resolution Process. BJCL operates a 2.2 MnTPA Grinding Unit in Bhilai and a 1.1 Mn TPA Clinker Unit in Babupur. The transaction is pending approval from the National Company Law Tribunal, Cuttack, and other regulatory bodies.

Dalmia Bharat Limited reported its consolidated financial results for the quarter ended June 30, 2026. Revenues from operations increased by 7% year-on-year to ₹3,890 Cr, driven by a 9% YoY increase in sales volume to 7.6 MnT. The company completed the acquisition of 5.2 MnTPA cement assets in the Central Region, increasing its installed capacity to 54.7 MnTPA. EBITDA stood at ₹805 Cr, with EBITDA per ton at ₹1,055. Profit Before Tax (PBT) after exceptional items was ₹254 Cr, and Profit After Tax (PAT) was ₹192 Cr. Net Debt to EBITDA increased to 1.47x due to acquisition-related costs.

Dalmia Bharat Limited announced key management and financial updates following a Board of Directors meeting on July 24, 2026. The board approved the unaudited financial results (Standalone & Consolidated) for the quarter ended June 30, 2026. Additionally, Mr. Yatin Malhotra has been appointed as the Chief Financial Officer and Key Managerial Personnel, effective August 1, 2026, succeeding Mr. Dharmender Tuteja who retires on July 31, 2026. Mr. Malhotra brings over 25 years of experience in finance, including prior CFO roles at ACC Limited and Whirlpool of India Ltd.

Dalmia Bharat Limited announced the appointment of Mr. Yatin Malhotra as the new Chief Financial Officer (CFO) and Key Managerial Personnel, effective August 1, 2026. He replaces Mr. Dharmender Tuteja, who is retiring upon superannuation on July 31, 2026. Malhotra is a seasoned finance professional with over 25 years of experience, including previous CFO roles at ACC Limited and Whirlpool of India Ltd. The board also approved the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026. The board meeting took place on July 24, 2026.

Dalmia Bharat Limited announced the appointment of Mr. Yatin Malhotra as the new Chief Financial Officer (CFO) and Key Managerial Personnel, effective August 1, 2026. He replaces Mr. Dharmender Tuteja, who is retiring from the company on July 31, 2026, due to superannuation. Malhotra is a seasoned finance professional with over 25 years of experience, including previous CFO roles at ACC Limited and Whirlpool of India Ltd. The board also approved the unaudited financial results for the quarter ended June 30, 2026, both standalone and consolidated, as recommended by the Audit Committee. The board meeting took place on July 24, 2026.

Dalmia Bharat Ltd has announced that its Board of Directors will convene on July 24, 2026. The primary agenda for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. In line with SEBI regulations and the company's insider trading policy, the trading window for securities has been closed and will reopen 48 hours after the financial results are declared. This announcement serves as a formal notification to stakeholders regarding the upcoming financial reporting.

Dalmia Bharat Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will remain closed starting July 1, 2026, and will reopen 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The specific date for the Board of Directors' meeting to consider these results will be communicated separately.

Rama Investment Company Private Limited has acquired 12,90,773 equity shares, representing 0.69% of the total paid-up capital, in Dalmia Bharat Limited. This acquisition is a result of a Scheme of Amalgamation where Maj Textiles Private Limited and other entities merged with Rama Investment Company Private Limited. The merger was sanctioned and became operational, with an appointed date of April 1, 2025. Despite the transaction, the aggregate shareholding of the Promoter Group/PACs remains unchanged as all involved entities belong to the same group. This disclosure is filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Dalmia Bharat Limited's wholly-owned subsidiary, Dalmia Cement (Bharat) Limited (DCBL), has successfully commenced commercial production at its recently acquired plant in Chunar, Uttar Pradesh. The plant has a cement grinding capacity of 2.5 MTPA. This development follows earlier communications regarding the acquisition and operational readiness of the facility. The company has submitted the necessary details as per listing regulations.