New Delhi, June 18 -- Dalmia Bharat share price rose by over 1% during Wednesday's trading session. Keshav Power Limited, a promoter group entity associated with the cement giant, has notably enhanced its stake in the firm by purchasing 6.73 crore equity shares, which accounts for 35.90% of Dalmia Bharat's current paid-up capital.
This acquisition was carried out through a Scheme of Amalgamation, which became effective on June 13, 2025, with an appointed date set for April 1, 2023. As a result of this transaction, Keshav Power's direct ownership in Dalmia Bharat Limited has grown from 0.52% to 36.42%.
The acquisition was revealed in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation...
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