04 Dec 2025

Khaitan & Co advises Nuvoco Vistas Corporation on ₹200 crore acquisition of Algebra Endeavour

"Khaitan & Co advised Nuvoco Vistas Corporation on its acquisition of Algebra Endeavour Private Limited and its subsidiary Vadraj Energy (Gujarat) Limited from JSW Cement Limited and Alpha Alternatives Holdings Private Limited for a total consideration of ₹200 crore."

Khaitan & Co represented Nuvoco Vistas Corporation in its acquisition of Algebra Endeavour Private Limited and its subsidiary Vadraj Energy (Gujarat) Limited from JSW Cement Limited and Alpha Alternatives Holdings Private Limited. The transaction involved the purchase of Algebra Endeavour Private Limited and its Gujarat-based subsidiary Vadraj Energy (Gujarat) Limited by Nuvoco Vistas Corporation. The acquisition was completed for a total consideration of ₹200 crore. Khaitan & Co advised Nuvoco on the full scope of the deal, including legal due diligence and negotiation of transaction documentation. Khaitan & Co represented Nuvoco Vistas Corporation with a team composed by: Mehul Shah (Partner), Rohan Shrivastava (Partner), Pranita Parakh (Senior Associate), Aman Nayar (Associate) and Vanshika M Banthia (Associate). Khaitan & Co represented Nuvoco Vistas Corporation on CIRP-related aspects with a team composed by: Rajeev Vidhani (Partner), Vishnu Shriram (Partner) and Ashwij Ramaiah (Principal Associate) handling the CIRP/insolvency matters.
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