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Nuvoco Vistas Corporation’s arm acquires Vadraj Cement

21 Jun 2025 Evaluate

Nuvoco Vistas Corporation’s wholly-owned subsidiary -- Vanya Corporation (Vanya) has completed the acquisition of Vadraj Cement (VCL) on June 21, 2025, in accordance with the terms of the resolution plan approved by the National Company Law Tribunal. Further, as an integral part of the resolution plan, Vanya will be merged with VCL. Upon the merger, VCL will become the wholly owned subsidiary of the company.

Nuvoco Vistas Corporation is one of the leading ready-mix concrete manufacturers in India. It offers a range of products across cement, RMX and modern building materials.

Peers
Company Name CMP
Ultratech Cement 11214.40
Ambuja Cements 355.90
ACC 1153.05
Shree Cement 23120.65
Dalmia Bharat 1407.80
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