Dalmia Bharat in the process of signing lease for cement unit in Madhya Pradesh

Dalmia Bharat in the process of signing lease for cement unit in Madhya Pradesh

DCBL has the option to buy the cement unit for an enterprise value of Rs 250 crore, as per the agreement.

FPJ Web DeskUpdated: Wednesday, April 26, 2023, 08:58 PM IST
article-image
Image: Dalmia Bharat Ltd (Representative)

According to an exchange filing, Dalmia Cement Bharat Limited is in the process of signing a long term lease with Jaiprakash Power for its Nigrie Cement Grinding plant in Madhya Pradesh.

Anytime during the lease period, DCBL will be able to buy the cement unit for an enterprise value of Rs 250 crore, as per the agreement.

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