ITD Cementation India Limited — Important, 28-03-2025: Updates

Renew Exim DMCC is executing an open offer to acquire up to 4.46 crore fully paid-up equity shares of ITD Cementation India Limited. As part of this process, 188,007 equity shares representing 0.42% of the offer size have already been tendered into the Open Offer Escrow Demat Account. These shares will be subject to validation and verification, and the final acceptance will adhere to the relevant regulations outlined in the Letter of Offer. This move could signal strategic developments for both the acquirer and the target company, reflecting opportunities for potential growth in their market positions. Shareholders and investors should monitor how this acquisition unfolds.