
Nirma Group’s Nuvoco Vistas to Acquire Vadraj Cement Through NCLT
January 7, 2025
Nuvoco Vistas Corp, a cement subsidiary of the Nirma Group, announced on Monday its successful bid to acquire Vadraj Cement through the corporate insolvency resolution process (CIRP). The acquisition is expected to bolster Nuvoco’s cement capacity by 20%, increasing it