Dalmia Bharat: Odisha Kiln Breakdown Hurts March Cement Sales by 2.5

Dalmia Bharat Limited has reported a significant operational disruption at its Rajgangpur facility in Odisha, where a kiln breakdown has impacted cement sales across key eastern markets. The company made a voluntary disclosure to stock exchanges regarding the incident that occurred during March.

Kiln Breakdown Details

The breakdown occurred suddenly on March 13, affecting one of the three kilns located at the Rajgangpur facility in Odisha. This particular kiln plays a crucial role in the company's operations, providing a major share of total clinker consumption for grinding units located across Odisha, West Bengal, and Jharkhand.

Parameter:	Details
Breakdown Date:	March 13
Facility Location:	Rajgangpur, Odisha
Affected Equipment:	One of three kilns
Repair Duration:	14 days
Operations Resumed:	March 27

Impact on Cement Sales

The extended breakdown period, combined with already low inventory levels, resulted in substantial disruption to cement supplies. The company reported that cement sales in key eastern markets were impacted by approximately 2.5 to 3.0 lakh tons during March.

Impact Metrics:	Details
Sales Impact:	2.5 to 3.0 lakh tons
Affected Markets:	Eastern regions
Time Period:	March
Market Condition:	Peak demand period

Operational Recovery

Following necessary repairs and maintenance work, the kiln was successfully relit on March 27. The company confirmed that operations have now stabilized and clinker dispatch to all grinding units is returning to normal levels. The restoration of operations marks the end of the 14-day disruption period.

Stakeholder Communication

Dalmia Bharat expressed regret for the supply disruption to channel partners during this peak demand period, acknowledging the unforeseen nature of the event. The company assured stakeholders that all necessary measures are being undertaken to normalize supply chains at the earliest.

The company noted that while this event does not qualify as a material event under Regulation 30 of SEBI (LODR) Regulations, 2015, the disclosure was made voluntarily out of caution for the information of all concerned stakeholders. This proactive communication approach demonstrates the company's commitment to transparency with investors and business partners during operational challenges.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.65%	-4.76%	-9.97%	-19.52%	+0.44%	+14.99%

Rama Investment Company Private Limited has acquired 3,88,000 equity shares of Dalmia Bharat Limited from Keshav Power Limited through an inter-se transfer executed on March 24, 2026. The transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquisition represents a strategic internal restructuring within the Dalmia promoter group ecosystem. Rama Investment Company's shareholding in Dalmia Bharat increased from 90,63,790 shares (4.83%) to 94,51,790 shares (5.04%) following the transaction.

Transaction Overview:	Details
Shares Acquired:	3,88,000
Transaction Date:	March 24, 2026
Mode:	On-market inter-se transfer (Block Deal)
Seller:	Keshav Power Limited
Percentage Increase:	0.21%

Shareholding Pattern Changes

The transaction resulted in corresponding changes within the promoter group structure while maintaining the overall consolidated holding. Keshav Power Limited's stake decreased by the same quantum that Rama Investment Company gained.

Shareholding Details:	Before Transaction	After Transaction	Change
Rama Investment Company:	90,63,790 (4.83%)	94,51,790 (5.04%)	+3,88,000
PAC Entities Combined:	9,56,67,758 (51.01%)	9,52,79,758 (50.80%)	-3,88,000
Total Promoter Group:	10,47,31,548 (55.84%)	10,47,31,548 (55.84%)	No Change

Regulatory Compliance

The disclosure was filed by Rama Investment Company Private Limited on March 26, 2026, confirming compliance with SEBI takeover regulations. The company, incorporated in 1972 with CIN U74899CT1972PTC016043, operates from its corporate office at Hansalaya Building, New Delhi.

Promoter Group Structure

The Dalmia Bharat promoter group comprises 69 entities including individual promoters from the Dalmia family, corporate entities, investment companies, and various trusts. Key individual promoters include Y.H. Dalmia, Kavita Dalmia, Gautam Dalmia, and other family members.

Company Information:	Details
Total Equity Shares:	18,75,65,953
Face Value per Share:	Rs. 2.00
Listing Exchanges:	BSE Limited, NSE
Equity Capital:	Unchanged post-transaction

This internal transfer reflects ongoing portfolio optimization within the promoter group structure, allowing for strategic positioning of shareholdings across different group entities while maintaining consolidated control over Dalmia Bharat Limited.