The Competition Commission of India (CCI) has approved Dalmia Cement (Bharat) Limited’s 100% acquisition of Jaiprakash Associates Limited (JAL) under the Insolvency and Bankruptcy Code (IBC), 2016.

Dalmia Cement is a wholly owned subsidiary of Dalmia Bharat Limited and a key player in the cement manufacturing sector. The acquisition supports the group’s consolidation strategy in the sector.

JAL, currently under a corporate insolvency resolution process, has diversified business interests in real estate, cement, hospitality, and EPC. The acquisition marks a strategic step for Dalmia in enhancing its operational and geographic footprint.