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Dalmia Bharat Ltd has clarified that a recent adjudicating authority order will not affect the operations of its subsidiary, Dalmia Cement (Bharat) Ltd (DCBL). The company assured investors and stakeholders that despite the confirmation of a provisional attachment directive, day-to-day cement production, supply chain activities, and overall business continuity remain intact.
Key Highlights At A Glance
Adjudicating authority upholds provisional attachment order.
Dalmia Bharat asserts no impact on DCBL’s functioning.
Company stresses continued focus on growth and expansion.
Order And Its Implications
The adjudicating authority has confirmed the provisional attachment of certain assets connected to the matter. However, Dalmia Bharat clarified that this decision is more regulatory in nature and has no bearing on the manufacturing strength or sales performance of Dalmia Cement.
Assurance On Business Continuity
The company moved quickly to assure shareholders, customers, and lenders that the order in question does not disrupt cement operations. DCBL plants, distribution systems, and projects remain operational as usual, with production targets and supply schedules unaffected.
Looking Ahead
Dalmia Bharat emphasized that it has built a strong, resilient platform for growth and continues to pursue industry-leading expansion projects, focusing on sustainability and capacity additions. With demand in the infrastructure and housing sectors remaining strong, the company believes its forward trajectory remains secure.
Source: Stock Exchange Filings, Company Announcement
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