Dalmia Cement (Bharat) and Sagar Cements have emerged as the top contenders to acquire Andhra Cements, which is undergoing bankruptcy process after it failed to repay its debt. Banking sources said both companies have submitted their offers to the resolution professional and the committee of creditors is evaluating both offers. According to statistics submitted to the stock exchanges, Andhra Cements owes Rs 970 crore of debt to its lenders. Acquiring Andhra Cements will give access to either of the suitors to two manufacturing plants in Andhra Pradesh with a capacity of 2.6 mtpa.