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NCLT clears Rs 18 Bn deal, boosts Nuvoco’s cement capacity.
Plant to meet Nagpur's rising concrete demand across key sectors.
Nuvoco Vistas to Acquire Vadraj Cement Via Insolvency Route
Consolidated revenue from operations stood at Rs 24.09 billion
Consolidated revenue from operations stood at Rs. 24.09 billion
Vadraj also boasts a clinker capacity of 3.5 million tonne in Kutch
The deal should create synergies with Nuvoco’s existing facilities.
The estimated target date for the commencement of production is around Q3 FY27.
The industry encountered several challenges, including an extended monsoon season.
CW engages with the industry to identify desirable features in transit mixers.
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