Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ) Release of attached properties of the Dalmia Cement (Bharat) Limited, material subsidiary of the company
DALBHARAT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Enforcement Directorate (ED) has ordered the release of all attached land parcels belonging to Dalmia Cement (Bharat) Limited (DCBL), Dalmia Bharat's wholly owned subsidiary. DCBL had submitted a bank guarantee of Rs.92.52 crores as part of the process following a PMLA Tribunal order dated March 9, 2026 that partially allowed an appeal and reduced the alleged Proceeds of Crime (PoC) from Rs.793.34 crores to Rs.92.52 crores. The original Provisional Attachment Order was issued by the ED in March 2025 and confirmed by the PMLA Adjudicating Authority in September 2025. DCBL is still in the process of filing a further appeal regarding the remaining Rs.92.52 crore PoC.
The release of attached land parcels is a positive development as it reduces the financial encumbrance on the subsidiary, though the ongoing legal dispute and remaining Rs.92.52 crore PoC continue to pose some regulatory risk for Dalmia Bharat.