Dalmia Bharat Limited has responded to BSE's inquiry regarding the significant increase in trading volume of its shares across exchanges in recent times. The company provided clarification through a formal communication dated March 25, 2026, addressing concerns about the unusual market activity.

Regulatory Compliance and Disclosure

In response to BSE's email seeking clarification on volume movement, Dalmia Bharat confirmed its commitment to regulatory compliance. The company stated that currently there are no events or information requiring disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Promoter Group Share Transfers

The company attributed the volume surge to specific transactions involving its promoter group entities. These entities undertook inter-se transfer of shares among themselves through the block deal mechanism on BSE during March 24, 2026 and March 25, 2026.

Regulatory Disclosures

Dalmia Bharat assured that all requisite disclosures for these block deal transactions, as per applicable SEBI regulations, will be filed with exchanges within the prescribed timeframe. The company emphasized its commitment to maintaining transparency and complying with all regulatory requirements.

The company secretary Rajeev Kumar signed the clarification document, reaffirming the company's dedication to prompt disclosure of any material developments as and when they arise. This response demonstrates the company's proactive approach to addressing market inquiries and maintaining investor confidence through transparent communication.

Dalmia Bharat has announced a strategic renewable energy investment through its wholly-owned subsidiary Dalmia Cement (Bharat) Limited (DCBL). The company filed a regulatory disclosure under SEBI Listing Regulations on March 20, 2026, detailing the acquisition of a minority stake in Ventora Energy Private Limited.

Transaction Structure

DCBL has entered into a Share Subscription and Shareholders' Agreement (SSSHA) along with a Power Purchase Agreement (PPA) to acquire a 26% stake in Ventora Energy Private Limited. The transaction involves acquiring 44,22,600 equity shares of face value ₹10 each at par, representing a total investment of ₹4.42 crore.

Wind Power Capacity and Strategic Objectives

The acquisition provides access to 8.1 MW of wind power generation capacity located in Tamil Nadu. Dalmia Bharat will operate as a captive consumer under the Electricity Act, supporting the company's renewable energy commitments. The investment aligns with the group's RE 100 target by 2030 and carbon negative goal by 2040.

Target Company Profile

Ventora Energy Private Limited operates as a Special Purpose Vehicle for wind power project development. The company was incorporated on December 11, 2025, with its registered office in Gurgaon, Haryana. As a recently incorporated entity, Ventora Energy represents a focused investment in renewable energy infrastructure.

Implementation Timeline and Regulatory Aspects

The acquisition is subject to customary conditions precedent and is expected to complete within three months. The transaction does not constitute a related party transaction, with no promoter or group company interests in the target entity. No specific governmental or regulatory approvals are required for this acquisition, streamlining the completion process.