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Nuvoco Vistas to Acquire Vadraj Cement Via Insolvency Route

Nuvoco Vistas to Acquire Vadraj Cement Via Insolvency Route

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Nuvoco Vistas to Acquire Vadraj Cement Via Insolvency Route

Vadraj also boasts a clinker capacity of 3.5 million tonne in Kutch

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Nuvoco Vistas Wins Bid to Buy Vadraj Cement in Insolvency Resolution

The deal should create synergies with Nuvoco’s existing facilities.

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Nuvoco Vistas Corp Wins Bid for Vadraj Cement

The estimated target date for the commencement of production is around Q3 FY27.

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Cement majors vying to acquire Vadraj cement

Aditya Birla Group flagship UltraTech Cement, Sajjan Jindal-promoted JSW Cement, Lakshmi Mittal-run ArcelorMittal and a dozen other companies have set sights on Vadraj Cement, formerly owned by ABG Shipyard.

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Ultratech, AM Mining, Others Eye Vadraj Cement

Multiple firms express interest in acquiring Vadraj Cement, signalling a potential industry shake-up.

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Vadraj Cement Enters Insolvency

Vadraj Cement faces insolvency as NCLT admits application.

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NCLT Admits Vadraj Cement for Insolvency Process

National Company Law Tribunal (NCLT) has admitted Vadraj Cement for the insolvency process, marking a significant development in the cement industry.*

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Vadraj Cement transferred to NCLT for debt resolution

This move offers a glimmer of hope to creditors

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Adani, JSW Cement, ArcelorMittal vie for acquisition of Vadraj Cement

Sale will take place under Insolvency and Bankruptcy Code process

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