Nuvoco Vistas Challenges West Bengal's Incentive Scheme Revocation 1 day ago Yesterday
Nuvoco Vistas Corporation has filed a writ petition against the West Bengal government for revoking the Incentive Schemes Act 2025. The revocation affects incentives worth ₹4.27 billion and ₹3.00 billion for the company. This legal action aims to protect Nuvoco Vistas' interests and potentially reinstate the incentives. The decision could impact the company's financial planning, investments, and competitive position in West Bengal.
Nuvoco Vistas Challenges West Bengal's Revocation of Incentive Schemes 4 days ago
Nuvoco Vistas Unveils Rs 1,200 Crore Fundraising Plan for Vadraj Cement Acquisition 5 days ago
Nuvoco Vistas Corp Reports Record Q4 EBITDA Amid Strong Volume Growth May 02, 2025
Nuvoco Vistas Corp Achieves Record Q4 EBITDA Amid Strong Cement Demand May 01, 2025
NCLT Mumbai has approved Nuvoco Vistas Corporation's bid to acquire Vadraj Cement for Rs 1,800 crore. The deal will increase Nuvoco's cement production capacity to 31 MTPA, making it India's fifth-largest cement manufacturer. Nuvoco plans to invest an additional Rs 1,200 crore to operationalize Vadraj's assets, with production expected to start in Q3 FY2027.