Nuvoco Vistas Corporation Limited has announced the successful completion of the acquisition of 100% of the securities of Algebra Endeavour Private Limited. The transaction was executed under the Securities Purchase Agreement, consolidating Nuvoco’s position in the market. Algebra Endeavour holds Vadraj Energy (Gujarat) Limited.
Algebra Endeavour Acquisition Complete
Nuvoco Vistas Corporation Limited has finalized the acquisition of 100% of the securities of Algebra Endeavour Private Limited. This acquisition was executed as per the terms of the Securities Purchase Agreement.
About Algebra Endeavour
Algebra Endeavour Private Limited functions as the holding company for Vadraj Energy (Gujarat) Limited. This acquisition provides Nuvoco with greater control over Vadraj Energy.
Source: BSE
