Nuvoco Vistas May List Emami Cement In 2-3 Years

Nuvoco Vistas Corporation Limited, a Nirma promoter group company, may list Emami Cement in the next two to three years when the expansions are complete and capital market condition expected to be agile and optimistic, sources said on Thursday. Nuvoco Vistas, formerly Lafarge India Limited, in February announced that it will acquire the 8.3 million tonnes per annum cement business of Emami for an enterprise value Rs 5,500 crore. Comp...