Dalmia Bharat, OCL India Boards Approve Merger

New Delhi: Dalmia Bharat and OCL India on Sunday said their boards have approved merger of the two firms to simplify the group structure, with one listed entity that will create the country's 4th largest cement player. The merged entity will be called Dalmia Bharat Ltd (DBL). "The Board of Directors of Dalmia Bharat Ltd (DBL), OCL India Ltd (OCL), Dalmia Cement (Bharat) Ltd (DCBL) and Odisha Cement Limited (ODCL)...approved a Schem...