Nuvoco Vistas Acquires Algebra Endeavour from JSW Cement
Filing Summary
Nuvoco Vistas Corporation Ltd has completed the acquisition of 100% securities of Algebra Endeavour Private Limited. The transaction was finalized on February 3, 2026, following a Securities Purchase Agreement with JSW Cement Limited and Alpha Alternatives Holdings Private Limited. Algebra is the holding company of Vadraj Energy (Gujarat) Limited. The acquisition was initially announced in a letter dated November 17, 2025. This update was disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Nuvoco Vistas Corporation Ltd has consummated the acquisition of 100% securities of Algebra Endeavour Private Limited. This transaction was completed on February 3, 2026, as per the Securities Purchase Agreement with JSW Cement Limited and Alpha Alternatives Holdings Private Limited, collectively referred to as the Sellers.
The acquisition was initially communicated in a letter dated November 17, 2025. Algebra Endeavour Private Limited is the holding company of Vadraj Energy (Gujarat) Limited. The transaction details were disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Nuvoco Vistas Corporation Ltd is a prominent player in the building materials sector. The company focuses on manufacturing and supplying cement and ready-mix concrete. It is committed to expanding its market presence and enhancing its product offerings through strategic acquisitions and partnerships.