Nuvoco Vistas is set to secure ₹1,200 crore through a structured funding mechanism to partially finance its ₹1,800 crore acquisition of Vadraj Cement. The funds will be generated by issuing …
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Vadraj Cement
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The Mumbai bench of the National Company Law Tribunal (NCLT) has sanctioned the acquisition of Vadraj Cement by Nuvoco Vistas Corp Ltd, a cement manufacturer owned by the Nirma group. …
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An Adani group entity, Sajjan Jindal-owned JSW Cement, and ArcelorMittal Group are likely contenders to buy Vadraj Cement, an ABG Shipyard group company that will be sold under the Insolvency and Bankruptcy Code process, people aware of the …



