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Dalmia Bharat Ltd. is a public company domiciled and incorporate in India. The Company's state-of-the art plants are spread across 13 locations, servicing the growing cement appetite of 22 States. It is a responsible custodian of manufacturing assets, operating at 72% capacity utilisation in FY19. The Company had 30 subsidiaries and 2 joint venture companies as on March 31, 2019. The Board of Directors of the Company had, at its meeting held on March 28, 2016, approved the Scheme of Arrangement and Amalgamation amongst the Company, OCL India Limited, Dalmia Cement East Limited, Shri Rangam Securities & Holdings Limited and Dalmia Bharat Cements Holdings Limited and their respective shareholders and creditors. The Scheme 1 involves the following: (a) Slump Sale of Rail, Power & Solid Waste Management System Undertakings of OCL India Limited (the holding company) to the Company as a going concern, together with all its properties, assets, liabilities, rights, benefits and interest therein, without assigning value to individual assets and liabilities. (b) Amalgamation of residual of OCL India Limited with the Company.