Nuvoco Vistas Corp. Ltd. announced its strategic acquisition of Algebra Endeavour Private Limited on November 3, 2025. This acquisition involves the purchase of entire securities of Algebra Endeavour, which is the holding company of Vadraj Energy (Gujarat) Limited, known for its power plants in Kutch and Surat. The deal was approved during a Board meeting that took place from 6:15 p.m. to 6:30 p.m. on the same day, marking a significant step for Nuvoco as it seeks to strengthen its position in the energy sector.

The acquisition will be finalized through a Securities Purchase Agreement with JSW Cement Limited and Alpha Alternatives Holdings Private Limited. This move is anticipated to enhance Nuvoco's operational capabilities and contribute to its long-term growth objectives. The company has committed to providing further details in compliance with the SEBI Listing Regulations once the agreement is executed. For more information, stakeholders can visit Nuvoco's official website at www.nuvoco.com.