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 ...

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