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An announcement from Dalmia Bharat Ltd. ( (IN:DALBHARAT) ) is now available.
Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has disposed of its entire 25.44% equity stake in O2 Renewable Energy V Private Limited, which had been acquired to source up to 11 MW of captive wind power in Karnataka. The Rs 10.82 crore transaction, completed on 16 January 2026, transfers the stake to JSW Neo Energy, Goldman Sachs Services and Syngene International, and results in O2 Renewable Energy V ceasing to be an associate of Dalmia Cement (Bharat); the company noted that the associate contributed nothing to its turnover, income or net worth and its financials were not consolidated, indicating that the exit is unlikely to have a material financial impact but signals a strategic withdrawal from this specific renewable energy investment structure.
More about Dalmia Bharat Ltd.
Dalmia Bharat Limited, part of the Dalmia Bharat Group, is an India-based cement manufacturer operating through its wholly owned subsidiary Dalmia Cement (Bharat) Limited, with a focus on supplying cement and related materials to infrastructure and construction markets across the country.
Average Trading Volume: 19,612
Technical Sentiment Signal: Strong Buy
Current Market Cap: 408.4B INR
For a thorough assessment of DALBHARAT stock, go to TipRanks’ Stock Analysis page.