ITD Cementation India Limited — Important, 26-03-2025: Public Announcement-Open Offer

Renew Exim DMCC has initiated an open offer to acquire up to 4.47 crore fully paid-up equity shares of ITD Cementation India Limited. As of the latest update, 459 equity shares have been tendered, which is a negligible percentage of the total offer. The acceptance of these shares will be subject to validation of the relevant documentation in accordance with the guidelines provided in the Letter of Offer.

This open offer could present a buying opportunity for investors, depending on the Acquirer's interest in increasing its stake and any strategic plans that may unfold. Overall, it suggests a potentially active phase for the company, reflecting interest in its future direction.