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Acquiring Company
Dalmia Bharat Refractories Limited
Acquired Company
Jaiprakash Associates Ltd
Description
Dalmia Bharat Ltd will acquire the cement assets of Jaiprakash Associates Ltd for over Rs 2,500 crore. This acquisition follows the Adani Group's recent takeover of JAL under insolvency proceedings. The deal includes JAL's significant cement and clinker capacities, settling previous legal disputes over the transaction.
Fundz sees it the moment Dalmia Bharat Refractories Limited makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Jaiprakash Associates Ltd?
Jaiprakash Associates Ltd was acquired by Dalmia Bharat Refractories Limited, based in New Delhi. The deal was reported on May 21, 2026. Dalmia Bharat Refractories Limited is a prominent manufacturer of refractories in India. The company provides high-quality solutions to the steel and cement industries. Dalmia Bharat Refractories Limited is privately held and operates in Manufacturing.
When did Dalmia Bharat Refractories Limited acquire Jaiprakash Associates Ltd?
Dalmia Bharat Refractories Limited's acquisition of Jaiprakash Associates Ltd was reported on May 21, 2026. Dalmia Bharat Ltd will acquire the cement assets of Jaiprakash Associates Ltd for over Rs 2,500 crore. This acquisition follows the Adani Group's recent takeover of JAL under insolvency proceedings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Jaiprakash Associates Ltd do?
Jaiprakash Associates Ltd (JAL) is a conglomerate with diverse interests in real estate, cement manufacturing, hospitality, and engineering & construction. The company faced insolvency proceedings due to large unpaid loans. It is privately held, operating in Real Estate, and is based in Noida.
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