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The latest update is out from Dalmia Bharat Ltd. ( (IN:DALBHARAT) ).
Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has completed the acquisition of a 26% equity stake in TrueRE Surya Private Limited for Rs 42.87 crore in cash, securing captive access to up to 128 MW of solar power capacity in Tamil Nadu. The transaction, finalized on 14 January 2026, positions TrueRE Surya as a special purpose vehicle for supplying renewable power to Dalmia’s operations, supporting the group’s goal of achieving 100% renewable electricity by 2030 and becoming carbon negative by 2040, and reinforcing its strategic pivot toward cleaner energy sourcing within the power-intensive cement industry.
More about Dalmia Bharat Ltd.
Dalmia Bharat Limited, through its wholly owned subsidiary Dalmia Cement (Bharat) Limited, operates in the cement sector and is increasingly focusing on integrating renewable energy into its operations. The group is aligning its industrial footprint with sustainability targets, particularly by sourcing captive solar power to support its cement production facilities and advance its commitments on renewable energy and carbon reduction in India.
Average Trading Volume: 19,207
Technical Sentiment Signal: Buy
Current Market Cap: 389B INR
For detailed information about DALBHARAT stock, go to TipRanks’ Stock Analysis page.