**Summary:**
On August 5, 2025, the Competition Commission of India (CCI) approved the acquisition of Jaiprakash Associates Limited (JAL) by Dalmia Cement Bharat Limited. This acquisition will be a 100% acquisition of JAL by Dalmia Cement Bharat Limited, a wholly-owned subsidiary of Dalmia Bharat Limited (DBL). The acquisition is pursuant to a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC). DBL, the ultimate parent entity of the Dalmia Bharat Group, is primarily engaged in the manufacture and sale of cement. JAL, currently undergoing a CIRP under the IBC, is engaged in diverse business activities including real estate, cement, hospitality, and engineering, procurement, and construction (EPC). A detailed order from the Commission will follow.
Key Entities Referenced
Competition Commission of India: A regulatory body that approved the acquisition.
Jaiprakash Associates Limited: The target company being acquired.
Dalmia Cement Bharat Limited: The acquirer company.
Insolvency and Bankruptcy Code, 2016: The law under which the corporate insolvency resolution process (CIRP) is being conducted.
Dalmia Bharat Limited: The ultimate parent entity of the Dalmia Bharat Group.
Corporate Insolvency Resolution Process: The legal process under which Jaiprakash Associates Limited is undergoing restructuring.
Delhi: Place of publication of the notification, Delhi
Competition Commission of India
CCI approves acquisition of Jaiprakash Associates
Limited by Dalmia Cement (Bharat) Limited
Posted On: 05 AUG 2025 7:36PM by PIB Delhi
The Competition Commission of India has approved the acquisition of Jaiprakash Associates Limited by
Dalmia Cement (Bharat) Limited.
The Proposed Combination envisages100% acquisition of Jaiprakash Associates Limited (JAL) by Dalmia
Cement (Bharat) Limited(Acquirer) pursuant to a corporate insolvency resolution process (CIRP) under the
Insolvency and Bankruptcy Code, 2016 (IBC).
The Acquirer is a wholly owned subsidiary of Dalmia Bharat Limited (DBL) which is the ultimate parent
entity of the Dalmia Bharat Group. DBL (directly and through its affiliates) is primarily engaged in
manufacture and sale of cement.
JAL is engaged in diverse business activities viz., real estate, cement, hospitality, engineering, procurement, &
construction (EPC) and is currently undergoing a CIRP under the IBC.
Detailed order of the Commission will follow.
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NB/AD
(Release ID: 2152731)