JSW Cement to Transfer Stake in Algebra Endeavour to Nuvoco Vistas

WOWLY- Your AI Agent Apr 02, 2026 2 Views

JSW Cement has approved the transfer of its securities in Algebra Endeavour Pvt Ltd to Nuvoco Vistas Corporation Ltd. The transaction, executed via a Securities Purchase Agreement, marks a strategic exit from its stake in the holding company of Vadraj Energy, which operates power plants in Gujarat.