Nuvoco Vistas plans to raise Rs 1,200 crore for Vadraj buyout

Nuvoco Vistas plans to raise ₹1,200 crore through CCDs and CCPS in Vadraj Cement to refinance bridge facilities used for the ₹1,800 crore acquisition. Trust Capital is arranging the fundraising, which involves merging Vanya into Vadraj after the acquisition. The funds will refinance short-term debt through long-term maturity instruments.

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