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ACQUISITION OF VADRAJ CEMENT
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...
- Ambuja Cement acquire 100% stake in Penna Cement for Rs 10,422 croreAmbuja Cement, a company owned by Adani group, has signed a definitive agreement to acquire Hyderabad-based Penna Cement at an enterprise v...
- 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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