Dalmia Cement (Bharat) Limited, has signed definitive agreements for acquisition of 74% stake in Bokaro Jaypee Cement Limited, at a consideration of INR 1,150 crores on March 24, 2014 subject to various regulatory/contractual clearances and permissions. The consideration for such acquisition shall be subject to the adjustments and various other terms and conditions set out in the definitive agreements. Further the Company has submitted a copy of media release dated March 24, 2014, titled "Dalmia Cement (Bharat) Limited acquires 74% holding in Bokaro Jaypee Cement Limited (BoJCL)".
