Dalmia Bharat Share Price Edges Higher After Promoter Stake Increase

Market Performance

Dalmia Bharat's share price witnessed upward momentum in Wednesday's trading session.

The stock opened at ₹2,060.25 per share on the BSE and touched an intraday high of ₹2,085.10.

This marks a rise of over 1% in the share price during the day.

Main News

The movement in Dalmia Bharat's share price came after a significant internal restructuring move by its promoter group.

Keshav Power Limited, a promoter group entity, has increased its stake in Dalmia Bharat Limited.

The acquisition involved the purchase of 6.73 Crore equity shares, amounting to 35.90% of Dalmia Bharat's paid-up capital.

This increase in stake was executed through a Scheme of Amalgamation, which became effective on June 13, 2025, with the appointed date set as April 1, 2023.

Company Details

Following the transaction:

• Keshav Power's direct ownership in Dalmia Bharat rose from 0.52% to 36.42%.
• The promoter and promoter group's total holding in Dalmia Bharat remains unchanged at 55.84%.
• The change represents an internal group restructuring with no impact on external shareholding.

The acquisition was reported in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Restructuring Through Amalgamation

The stake increase was facilitated by the merger of four companies with Keshav Power Limited:

• Ankita Pratisthan Limited (Transferor Company 1)
• Mayuka Investment Limited (Transferor Company 2)
• Shree Nirman Limited (Transferor Company 3)
• Sarvapriya Healthcare Solutions Private Limited (Transferor Company 4)

The merger was approved by the Hon'ble National Company Law Tribunal (NCLT), Cuttack Bench, on May 30, 2025.

Summary

Dalmia Bharat's share price rose by over 1% following news that promoter Keshav Power Limited had acquired a significant stake through internal restructuring.

The strategic move was completed through an NCLT-approved amalgamation of group companies, boosting Keshav Power's stake to 36.42% while maintaining the promoter group's total holding at 55.84%.