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The latest update is out from Dalmia Bharat Ltd. ( (IN:DALBHARAT) ).
Dalmia Bharat Limited has announced an update regarding ongoing litigation involving its subsidiary, Dalmia Cement (Bharat) Limited (DCBL). The Madras High Court has remanded a batch of petitions, including DCBL’s, back to the assessing authorities for fresh orders after considering the petitioners’ submissions. This development is seen as beneficial for DCBL, as it does not have any adverse financial impact on the company. DCBL plans to take all necessary steps to defend its position and pursue available remedies, indicating a positive outlook for the company’s legal standing.
More about Dalmia Bharat Ltd.
Dalmia Bharat Limited is a prominent player in the cement industry, primarily engaged in the production and distribution of cement products. The company operates through its wholly owned subsidiary, Dalmia Cement (Bharat) Limited, and focuses on the Indian market.
Average Trading Volume: 7,971
Current Market Cap: 407.2B INR
See more data about DALBHARAT stock on TipRanks’ Stock Analysis page.