THEBUSINESSBYTES BUREAU MUMBAI, APRIL 4, 2025 The Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, has approved the Resolution Plan submitted by Nuvoco Vistas Corp. Ltd. for the acquisition of Vadraj Cement Ltd. (VCL) under the corporate insolvency resolution process as per the Insolvency and Bankruptcy Code, 2016 (IBC). The approved plan includes an upfront payment of ₹1,800 crore. Nuvoco ...

Rajasthan, October 8, 2024 (TBB Bureau): Nuvoco Vistas Corp. Ltd., India’s fifth-largest cement manufacturer, has emerged as the preferred bidder for three crucial limestone blocks—NB-01, NB-02, and NB-03—located in Nimbol, Tehsil Jaitaran, District Beawar, Rajasthan. These blocks, spanning 41.37 hectares and containing an estimated 28.43 million tons of limestone, were won during the recently concluded auctions conducted by the Government ...

Mumbai, July 23, 2024 (TBB Bureau): Nuvoco Vistas Corp. Ltd., India’s fifth-largest cement group, has launched Concreto Uno – Hydrophobic Concrete, marking a significant innovation in the building materials industry. This advanced product, featuring cutting-edge hydrophobic properties and the innovative Damp-Lock Formula, sets new standards in construction. Concreto Uno – Hydrophobic Concrete is engineered with a unique blend of admixtures ...