Dalmia Bharat Share Price Rises as Promoter Keshav Power Increases Stake via Amalgamation

On June 13, 2025, Keshav Power Limited, part of the promoter group, increased its direct stake in Dalmia Bharat Limited from 0.52% to 36.42%. This was achieved by acquiring 6.73 crore shares through a Scheme of Amalgamation. Despite this shift, the overall promoter group holding remains unchanged at 55.84%, as it is a result of internal restructuring.

Details of the Amalgamation

The transaction was made public under SEBI’s takeover regulations (Regulation 29(2)). The merger was approved by the NCLT, Cuttack Bench, on May 30, 2025. 4 companies were merged into Keshav Power Limited:

• Ankita Pratisthan Limited
• Mayuka Investment Limited
• Shree Nirman Limited
• Sarvapriya Healthcare Solutions Private Limited

About Dalmia Bharat

Dalmia Bharat, established in 1939, is involved in the manufacturing and sale of cement. It is currently the fourth-largest cement producer in India based on installed production capacity.

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Dalmia Bharat Share Price Movement

Dalmia Bharat share price is currently trading at ₹2,071.20, up ₹9.20 or 0.45% as of 11:27 AM on June 18, 2025. The stock opened at ₹2,068.90 and touched an intraday high of ₹2,086.00 and a low of ₹2,059.20. The company has a market capitalisation of ₹38,870 crore and a price-to-earnings (P/E) ratio of 56.88. The dividend yield stands at 0.43%. 

Conclusion

The increase in stake by Keshav Power via internal restructuring reflects continued promoter confidence in Dalmia Bharat. While the market reacted mildly positively, the stock may need a technical breakout to see a stronger rally.

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