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Nuvoco Vistas Corp has received the green light from the Mumbai Bench of the Hon’ble National Company Law Tribunal (NCLT) to acquire Vadraj Cement Ltd (VCL)...
Vadraj also boasts a clinker capacity of 3.5 million tonne in Kutch
The deal should create synergies with Nuvoco’s existing facilities.
The estimated target date for the commencement of production is around Q3 FY27.
