The consolidation is aimed at strengthening DBRL's financial standing, increasing its investment capabilities, expanding its talent base, and positioning the new entity as a trustworthy and long-term partner for its customers in steel, cement and other industries having high temperature processes. Post consolidation, DBRL will be able to accelerate capex, allocate larger resources to R&D and quicken its digital transformation to serve its growing customer base. Talking about the new entity Sameer Nagpal, MD & CEO, Dalmia Bharat Refractories Ltd, said, " Our refractory business was divided into different companies which resulted in division of our financial, managerial and technical resources. This consolidation will lead into a more centralized, efficient and a robust management system with stronger resource base for future. The formation of DBRL will allow us to offer a wider portfolio of products and services and, deeper client relationships.