ITD Cementation India Limited — Important, 28-03-2025: 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 part of this process, 459 equity shares have been tendered thus far, representing a negligible percentage of the total offer size. The shares submitted will undergo validation before acceptance according to the stipulated regulations and the associated Letter of Offer.

This development may signal strategic moves from the acquirer, potentially increasing investor interest in ITD Cementation. While the minimal current take-up might indicate cautious engagement, the overall offer presents both a strategic opportunity and a watchpoint for shareholder sentiment moving forward.