Cement News tagged under: Truere Surya

RSS feed

Dalmia agrees to acquire 26% stake in Truere Surya

04 September 2024, Published under Cement News

India-based Dalmia Bharat Group said that its subsidiary Dalmia Cement (Bharat) has entered into a share subscription and share holders agreement (SSSHA) to acquire a 26 per cent stake in the equity share capital of Truere Surya. The transaction value is INR448m for 44,800,000 shares. Truere Surya will enable Dalmia Cement (Bharat) to set up a captive solar power project  with a capacity of up to 128MW in Tamil Nadu. This is expected to improve the company’s renewable power supply, sup...