Dalmia Bharat Limited has informed the Exchange about Action(s) initiated or orders passed

Enforcement raidLitigation lossRegulatory & Legal View source PDF Explain this filing

DALBHARAT · price

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

-2.9%Reaction day

₹2325.00

prior close

₹2300.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.7%-2.2% vs market

Cement & Cement Products peers, median of 34sector-0.5%-2.4% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Midcap 150 and 2.4 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

Stock

+0.3

10m

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15m

+0.3

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9-0.7-2.2-0.5-2.4

Next day

-4.4-2.6-1.8-2.8-1.6

-4.1-2.3-1.8-3.5-0.6

-4.3-2.3-2.0-2.8-1.5

-4.0-1.4-2.6-2.3-1.7

-3.2-0.6-2.7-1.9-1.4

-3.6+0.5-4.2-2.5-1.2

15d

-3.2+1.2-4.4-4.0+0.8

-10.0+2.5-12.5-3.6-6.4

-13.5+2.8-16.3-11.8-1.7

-7.0+3.1-10.1-14.0+7.0

UpDownMarket · Nifty Midcap 150Sector · Cement & Cement Products peers, median of 34Pending

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

AI summary

The Adjudicating Authority under the Prevention of Money Laundering Act (PMLA) has confirmed the Enforcement Directorate's (ED) Provisional Attachment Order dated March 31, 2025 against Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary of Dalmia Bharat. The order attaches land valued at approximately Rs.377.26 Crore, with the attachment amount being Rs.793.34 Crore. The case originates from a 2011 CBI investigation into alleged irregularities in DCBL's investments in Bharathi Cement Corporation Private Limited, which is still sub-judice in the CBI Court, Hyderabad. The company has stated there is no impact on day-to-day operations of DCBL. DCBL is examining the order and plans to pursue legal remedies before an appropriate forum.

Likely market impact

Negative near-term development as the attachment order stands confirmed, though the company claims no operational impact and intends to appeal. Investors should monitor the ongoing legal proceedings, as the final outcome could affect the subsidiary's assets and potentially the parent's consolidated position.