Dalmia Bharat Refractories Limited Unlisted Shares

BUY
217
SELL
260

260

Company Overview

Dalmia Bharat Refractories Limited Unlisted Shares

Dalmia Refractory, GSB Refractory, SDMM Refractory got amalgamated into Dalmia Bharat Refractory. 

The consolidation is aimed at strengthening DBRL’s financial standing, increasing its investment capabilities, expanding its talent base, and positioning the new entity as a trustworthy and long-term partner for its customers in steel, cement and other industries having high temperature processes, a company statement said.

Post consolidation, DBRL will be able to accelerate capex, allocate larger resources to R&D and quicken its digital transformation to serve its growing customer base.

Share Swap Ratio

Dalmia Refractory Shareholders who had 100 shares got 768 shares of Dalmia Bharat Refractory.

Valuation Report of the Deal

Scheme of Amalgamation

Highlights 2023-24 for DBRL

Divestment and Consolidation: DBRL exited its German refractory business, focusing on mag-carbon and allied products. They licensed the manufacturing plant of Dalmia Bharat Sugar and Industries Limited in Salem, promoting the "Make in India" initiative.

Expansion Through Acquisition: DBRL, with Himadri Specialty Chemical Limited, acquired Birla Tyre Limited under CIRP, presenting diversification opportunities.

Proposed Acquisition: DBRL plans to acquire Dalmia Magnesite Corporation and associated travel business, pending approval by the National Company Law Tribunal.

Strategic Investments: DBRL invested in various securities to create long-term shareholder value.

Mining for the Future: DBRL participated in bids for critical minerals (Graphite and Lithium) announced by the Government of India to achieve sustainable growth.

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Symbol Dalmia Bharat Refractories Limited Unlisted Shares
Face Value (₹): 10
ISIN: INE0EB001012
Demat Status: NSDL & CDSL
Lot Size: 100 Shares