| Nuvoco Vistas Corporation has today signed and executed Securities Purchase Agreement for acquisition of 100% of securities of Algebra Endeavour (the holding company of Vadraj Energy (Gujarat)) with JSW Cement, Alpha Alternatives Holdings and Algebra Endeavour. <p> Algebra is engaged in the business of providing advisory services and investment activities. <p> Vadraj Energy (Gujarat), being wholly owned subsidiary of Algebra has power plants at Kutch and Surat, the said facilities will be utilized by the Company for its captive power consumption. |