Dalmia Bharat’s wholly owned subsidiary -- Dalmia Cement (Bharat) (DCBL) has entered into Share Subscription and Shareholders’ Agreement (SSSHA) and a Power Purchase Agreement (PPA) on March 20, 2026 to acquire 26% stake in Ventora Energy, an SPV of Ultra Mega Power, in one or more tranches, at an aggregate consideration of around Rs 4.42 crore, to source wind power as a captive consumer for a capacity up to 8.1 MW located in the State of Tamil Nadu.

Above acquisition is subject to customary conditions precedent and is expected to be completed within three months. The objective of acquisition is to enhance DCBL's source of renewable power supply to achieve group’s commitment towards RE 100 by 2030 and carbon negative by 2040. The renewal power (wind) will qualify as captive consumer under the Electricity Act/ Rules.

Dalmia Bharat has emerged as one of the most respected cement manufacturers in India, contributing to nation-building through adequate capacity creation, consistently high-quality standards and value-added products.