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VADRAJ CEMENT ACQUISITION
Cement makers staring at ₹200/tonne cost shock as West Asia war sends petcoke and packaging costs soaringIndia's cement sector is grappling with soaring input costs. Rising prices of petcoke, coal, and packaging materials are squeezing profit m...- Nuvoco Vistas turns profitable as Ebitda jumps 50% in Q3Nuvoco Vistas Corp reported a consolidated net profit of Rs 49.37 crore in the December quarter, a significant turnaround from a year-earli...
- Nirma Group’s Nuvoco Vistas acquires Gujarat-based Vadraj Energy in Rs 200 crore dealIn a strategic move, Nuvoco Vistas Corporation, the cement division of Nirma Group, has finalized an all-cash acquisition of Vadraj Energy,...
- Nuvoco Vistas reports strong Q2 performance with 62% EBITDA surgeNuvoco Vistas reported a profit of Rs 36.43 crore for the September quarter. This marks a significant turnaround from a loss in the same pe...
- Nuvoco Vistas to spend Rs 200 crore to expand capacity by 4 million tonneNuvoco Vistas Corp will invest Rs 200 crore to boost its production capacity in east India by 4 million tonnes by fiscal 2027. This expansi...
- NCLAT sets aside plea against Nuvoco Vistas bid for Vadraj CementThe NCLAT upheld the acquisition of Vadraj Cement by Nuvoco Vistas Corporation, dismissing an appeal by employees regarding gratuity payout...
- Nuvoco Vistas shares rally 9% as Q1 profit jumps multi-fold to Rs 133 croreNuvoco Vistas shares: The East India-based cement company reported a significant jump in consolidated net profit for the April–June quarter...
- Nuvoco Vistas Q1 profit surges to Rs 133 crore on higher sales, flat costsNuvoco Vistas reported a sharp jump in Q1FY26 profit to ₹133 crore from ₹2.84 crore a year ago, driven by 9% revenue growth and stable expe...
- Nuvoco Vistas makes Rs 1,800 crore payment to complete Vadraj cement acquisitionNirma Group's Nuvoco Vistas Corp has completed its acquisition of debt-ridden Vadraj Cement by making a payment of Rs 1800 crore to lenders...
- Nuvoco Vistas completes Rs 1800 cr Vadraj cement acquistionNirma Group's Nuvoco Vistas Corp has completed its acquisition of debt-ridden Vadraj Cement by making a payment of Rs 1800 crore to lenders...
- Nuvoco Vistas plans to raise Rs 1,200 crore for Vadraj buyoutNuvoco Vistas plans to raise ₹1,200 crore through CCDs and CCPS in Vadraj Cement to refinance bridge facilities used for the ₹1,800 crore a...
- Nuvoco Vistas gets NCLT nod to acquire Vadraj CementNirma group's Nuvoco Vistas Corp Ltd has received approval from the National Company Law Tribunal to acquire Vadraj Cement, formerly owned ...
- NCLT approves Nuvoco Vistas's bid for Vadraj CementThe insolvency tribunal NCLT has approved Nirma Group's Nuvoco Vistas acquisition of the debt-ridden Vadraj Cement, involving an upfront pa...
- Bankruptcy court okays Vadraj Cement’s acquisition by Nuvoco Vistas CorpThe National Company Law Tribunal's Mumbai bench has approved Nuvoco Vistas Corp Ltd's acquisition of Gujarat-based Vadraj Cement for Rs 1,...
- Nirma Group company outbids Ambuja in insolvency sale of Vadraj CementNirma Group-backed Nuvoco Vistas has offered ₹1,800 crore to acquire Vadraj Cement, outbidding Adani Group during a court-monitored corpora...
- Nuvoco Vistas to acquire Vadraj Cement through insolvency routeNuvoco Vistas Corp will acquire Vadraj Cement, increasing its production capacity by over 20%. The acquisition deal is subject to approval ...
- Adani's ₹10,000 crore cement bet set to pay-off in battle with UltraTech, with gains across India, Sri LankaThe Penna Cements acquisition, announced on Thursday, will set the Adani Group back by ₹10,422 crore. The cement maker said that the transa...
- Adani Group’s concrete plan: $3 billion buyouts in cement spaceIt is keeping aside a war chest of $3 billion for these acquisitions, these people said. The group is aggressively pursuing an inorganic st...
- Adani Group's concrete plan: $3 bn buyouts in cement spaceDalmia Bharat's deal with Jaiprakash Associates, Adani's acquisition of Sanghi Cement, and potential acquisitions of Ambuja Cement or ACC a...
- Lenders disqualify Liberty house's bid for Bhushan PowerLiberty House’s bid of Rs 18,500 crore is higher than Rs 17000 crore offered by Tatas. JSW Steel had offered Rs 13,000 crore.
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