# Nuvoco Vistas receives NCLT approval to acquire Vadraj Cement for Rs 1,800 crore

Nuvoco Vistas Corporation received NCLT approval for its resolution plan to acquire Vadraj Cement under insolvency for Rs 1,800 crore. The acquisition will be executed through subsidiary Vanya Corporation and will make Nuvoco India's fifth largest cement group with a combined capacity of ~31 MMTPA by Q3FY27.

- Type: Acquisition
- Announced: 2025-04-01
- Where: Gujarat, India, India
- Value: $216.0M (18.0B INR)
- Status: announced
- Capacity: 31 million tonnes per annum cement capacity
- Products: cement, clinker
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Nuvoco Vistas Corporation](https://endata.com/companies/45070.md) (acquirer)
- [Vadraj Cement](https://endata.com/companies/83957.md) (target)

## Sources

- [moneycontrol.com](https://www.moneycontrol.com/news/business/companies/nuvoco-vistas-becomes-fifth-largest-cement-player-after-nclt-nod-to-acquire-vadraj-cement-for-rs-1-800-crore-12984456.html), 2025-04-04: "By acquiring Vadraj Cement, the Company is poised to reach 31 million tonnes per annum cement capacity by Q3FY27."
- [cemnet.com](https://www.cemnet.com/News/story/178931/nuvoco-vistas-receives-approval-for-vadraj-cement-acquisition.html), 2025-04-04: "Nuvoco Vistas Corp Ltd has received approval from the National Company Law Tribunal for its resolution plan to acquire Vadraj Cement Ltd"
- [thehindubusinessline.com](https://www.thehindubusinessline.com/markets/stock-markets/nuvoco-vistas-acquires-vadraj-cement-for-1800-crore/article69412144.ece), 2025-04-04: "Nuvoco Vistas Corporation Limited (NVCL) has received approval from the National Company Law Tribunal (NCLT) for its ₹1,800 crore acquisition of Vadraj Cement Limited"
- [cemnet.com](https://www.cemnet.com/home/tags/acquisition?page=8), 2025-05-31: "Nuvoco Vistas Corp Ltd has received approval from the National Company Law Tribunal for its resolution plan to acquire Vadraj Cement Ltd"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.