Dalmia Bharat Limited — Others, 04-07-2025: Rumour Verification - Regulation 30(11)

Dalmia Bharat Limited has announced a clarification regarding ongoing proceedings involving its subsidiary, Dalmia Cement (Bharat) Limited (DCBL), related to tenders by ONGC for Oil Well Cement in 2013, 2015, 2017, and 2018. The Competition Commission of India (CCI) had directed an enquiry, and DCBL has received the investigation report. The company is reviewing the report and will respond accordingly. No formal order or penalty has been imposed yet. DCBL emphasizes full compliance and cooperation with regulators, addressing recent media reports to prevent shareholder concerns.