Nirma Group company outbids Ambuja in insolvency sale of Vadraj Cement
Nirma Group-backed Nuvoco Vistas has offered ₹1,800 crore to acquire Vadraj Cement, outbidding Adani Group during a court-monitored corporate insolvency auction. The acquisition plan includes repaying financial creditors and operational costs. Approval from NCLT is awaited. Vadraj Cement's newly acquired plant will be operational by December 2026.
Author Of article :
Suitor PepsiCo joins Haldiram Snacks queue; US execs in direct talks with Aggarwal family
PepsiCo has recently entered negotiations for a minority stake in Haldiram Snacks Food, co…
