Nuvoco vistas corporation Limited has issued a clarification to BSE regarding the unusual trading activity observed in its equity shares, stating that the significant volume increase was purely market driven with no underlying corporate developments.

BSE Inquiry and Company Response

The clarification came in response to BSE's email dated March 12, 2026, which sought an explanation for the significant increase in trading volume of Nuvoco Vistas Corporation's equity shares on March 11, 2026. The company promptly addressed the exchange's concerns through a formal communication.

Market Driven Movement Confirmed

The company emphasized that the movement in trading volume was purely market driven, with no specific corporate action or announcement triggering the increased activity. This clarification aims to address any speculation about potential undisclosed developments that might have influenced investor behavior.

Regulatory Compliance Status

Nuvoco Vistas Corporation confirmed its adherence to disclosure requirements under SEBI regulations. The company stated that:

• All information furnished by the company is in the public domain
• No announcement or price sensitive information is pending disclosure
• No information requiring intimation under Regulation 30 of SEBI Listing Regulations is outstanding
• The company continues to maintain compliance with its disclosure obligations

Official Communication Details

The clarification was signed by Shruta Sanghavi, SVP and Company Secretary, and submitted digitally on March 12, 2026. The company assured BSE that it will continue to make timely disclosures in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Nuvoco Vistas Corporation has received a substantial acquisition disclosure from HDFC Mutual Fund, indicating the fund house has crossed the 5% shareholding threshold in the cement company. The disclosure, dated February 10, 2026, was made in compliance with SEBI regulations governing substantial acquisitions.

Acquisition Details

HDFC Mutual Fund's aggregate holdings in Nuvoco Vistas Corporation reached 5.39% of the company's paid-up equity share capital as of February 06, 2026. The acquisition was executed through open market transactions, with the fund purchasing 16,12,970 shares.

Holdings Breakdown

The substantial acquisition involved multiple HDFC Mutual Fund schemes, demonstrating diversified investment across various fund categories. The participating schemes included equity-focused funds, index funds, and exchange-traded funds.

Company Share Capital Structure

Nuvoco Vistas Corporation's paid-up equity share capital stands at Rs. 3,57,15,61,530/-, comprising 35,71,56,153 equity shares of Rs. 10/- each. The share capital structure remained unchanged following the acquisition, with no dilution through convertible securities or warrants.

Participating HDFC Schemes

The acquisition was executed across eight different HDFC Mutual Fund schemes, reflecting the fund house's strategic investment approach across multiple investment vehicles:

• HDFC BSE 500 ETF
• HDFC BSE 500 Index Fund
• HDFC Flexi Cap Fund
• HDFC Balanced Advantage Fund
• HDFC Large and Mid Cap Fund
• HDFC NIFTY500 MULTICAP 50:25:25 INDEX FUND
• HDFC NIFTY SMALLCAP 250 ETF
• HDFC NIFTY SMALLCAP 250 INDEX FUND

Regulatory Compliance

The disclosure was made under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. HDFC Asset Management Company Limited, acting as investment manager for HDFC Mutual Fund, confirmed that the fund house does not belong to the promoter or promoter group of Nuvoco Vistas Corporation. The disclosure was simultaneously submitted to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed.