Dalmia Bharat arm acquires 26% stake in TrueRE Surya for Rs 42.87 Cr

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

DALBHARAT · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹2174.90

prior close

₹2184.90

announcement price

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.0%-1.2% vs market

Cement & Cement Products peers, median of 35sector+0.1%-1.2% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Midcap 150 and 1.2 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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UpDownMarket · Nifty Midcap 150Sector · Cement & Cement Products peers, median of 35Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Dalmia Cement (Bharat) Ltd, a wholly owned subsidiary of Dalmia Bharat, has acquired 26% equity (2,62,60,337 shares) in TrueRE Surya Pvt Ltd for Rs 42.87 Crore in cash. The deal, completed on Jan 14, 2026, was first announced in Sept 2024. TrueRE Surya is a special purpose vehicle for a 128 MW captive solar power project in Tamil Nadu. The move supports Dalmia Bharat's goal of RE 100 by 2030 and carbon negative by 2040. Not a related party transaction.

Likely market impact

Supports Dalmia Bharat's renewable energy goals by securing 128 MW captive solar power for cement operations. Modest financial impact at 42.87 Crore.