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    • NCLAT sets aside plea against Nirma's Nuvoco Vistas bid for Vadraj Cement

      The Delhi-based principal bench of NCLAT has upheld the previous order passed by the Mumbai bench of the NCLT, which in April, approved Nuvoco Vistas's plan for Vadraj Cement that includes an upfront payment of Rs 1,800 crore.

    • Race for Glenmark Life Sciences: Blackstone, KKR, BPEA EQT, PAG and Nirma Group likely suitors

      Glenmark Pharma, the parent company that holds 82.85% stake in Glenmark Life, is looking to reduce its debt burden via the stake sale process, say sources

    • Nirma Group makes fresh bet on pharma, buys out CDMO player Stericon

      Bangalore-based Stericon Pharma Private Limited, a contract development manufacturing organisation, was backed by private equity firm InvAscent, which has exited via the deal

    • Exclusive | Nirma Group’s cement arm Nuvoco Vistas Eyes Rs 20,000 crore Valuation In IPO: Sources

      Nuvoco Vistas’ Rs 5000 crore public issuance recently got market regulator, SEBI’s approval.

    • Nirma Group announces filing of IPO papers by cement arm Nuvoco Vistas

      Nuvoco Vistas IPO: The company, in terms of its manufacturing capacity, stands to be the 5th largest cement company in India and the largest cement company in East India.

    • Nuvoco Vistas files DRHP for Rs 5,000 crore IPO; marks capital markets comeback by Karsanbhai Patel-backed Nirma

      Nuvoco Vistas has acquired the assets of Lafarge India and Emami Group and is present in the fast growing regions of east and north India. It competes with pan-India players like Ultratech Cement, Dalmia Bharat and Shree Cement.

    • Deal to sell cement business to Nirma has not fallen, says Emami

      On February 6, the Emami group said that to enter into an agreement with Nuvoco Vistas Corporation, part of Nirma Group, to sell 100 percent equity in Emami Cement Ltd at an enterprise valuation of Rs 5,500 crore.

    • Hard to start greenfield facilities in India: Nirma Group

      The Gujarat-based conglomerate's Chief Financial Officer, Rajendra Joshipara told CNBC-TV18 that the group is happy with the acquisition of Lafarge India's assets and is not on the prowl for more.

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