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Nuvoco Vistas Corporation acquisition announcements

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21:12 IST NSE
AcquisitionNuvoco Vistas Corporation Ltd NUVOCO

Nuvoco Vistas Corporation Acquisition Worth ₹26 Cr

Nuvoco Vistas approved a ₹26 Crore investment to acquire a 26% stake in Clean Max Ilghop Private Limited. The partnership aims to establish a hybrid renewable energy plant at the Nimbol Cement Plant under a captive model. This strategic move supports the company's transition toward sustainable energy solutions over a 25-year operational period.

Value
₹26.00 Cr
Execution
25 years