The company had 48 percent stake in OCL India, which has plants in Odisha and West Bengal with a combined capacity of 5.35 million tonnes per annum (mtpa).
"DCBL has increased its stake in OCL India from 48 percent to 74.6 percent through inter-se transfer," it said in a release.
The move would help, DCBL claimed, in catering better operational synergies across Group's footprint. It is a step forward in the commitment towards aligning all stakeholders' interests and overall value creation.      

With this consolidation, the group's regional capacity mix stands at 48 percent in South and 52 percent in East and North East.
The company said its ongoing greenfield projects along with acquired capacities will take the group capacity to around 24 million tonnes in 2015-16. Along with its subsidiaries and associate, it has 17 mtpa capacity now.

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