Nirma Nuvoco

Nuvoco Vistas posts ₹36.43 cr profit in Q2 FY26 amid product premiumisation

Nirma Group-owned cement maker reports record Q2 Ebitda of ₹371 crore and 44% share of premium products, reversing last year's loss of ₹85.17 crore

Nuvoco Vistas to invest ₹200 crore for capacity expansion in eastern India

Nuvoco Vistas will invest Rs 200 crore to add 4 MMTPA grinding capacity in Eastern India by FY27 through a new mill and debottlenecking projects across multiple plants

NCLAT rejects plea, clears Nuvoco Vistas ₹1,800 crore bid for Vadraj cement

Appellate tribunal NCLAT has dismissed the plea against the acquisition of Vadraj Cement by Nirma group cement business Nuvoco Vistas Corporation during an insolvency resolution process. The Delhi-based principal bench of NCLAT has upheld the previous order passed by the Mumbai bench of the National Company Law Tribunal (NCLT), which on April 1, 2025, approved Nuvoco Vistas's plan for Vadraj Cement that includes an upfront payment of Rs 1,800 crore. A two-member NCLAT bench comprising Chairperson Justice Ashok Bhushan and Member (Technical) Barun Mitra rejected an appeal filed by an employee and authorised representative of employees of Vadraj Cement against the approval of Nuvoco Vistas's bid over their payout regarding their gratuity dues. Gujarat-based Vadraj Cement, formerly owned by ABG Shipyard, which has a 3.5 MTPA (million tonnes per annum) clinker unit in Kutch and a 6 MMTPA grinding unit in Surat, along with a captive jetty in Kutch, has a total debt of over Rs 8,000 crore

Nuvoco-Vadraj deal via insolvency route valued at up to Rs 3,000 crore

On Monday, Nuvoco announced it had emerged as the successful applicant for Vadraj Cement in the corporate insolvency resolution process but did not disclose the deal value

CCI approves acquisition of Emami Cement by Nirma promoter Nuvoco Vista

In February, Nuvoco Vistas -- formerly Lafarge India Limited -- announced that it would acquire the 8.3 million tonne per annum cement business of Emami for an enterprise value Rs 5,500 crore

Nirma in talks with Apollo Global Management, Bain for Emami Cement bid

Nuvoco is among the bidders for Emami Cement, which has picked Arpwood Capital and Credit Suisse Group AG to manage the sale of the unit as Bloomberg News previously reported

Karsanbhai Patel's Nirma looks to establish a market for new cement labels

Nirma acquired Lafarge India's cement assets through its wholly-owned subsidiary Nirchem Cement at an enterprise value of over $1.4 billion in October 2016