ITD Cementation India Limited — Important, 02-04-2025: Updates

The open offer from Renew Exim DMCC aims to acquire up to 4.47 crore fully paid-up equity shares of ITD Cementation India Limited. As of the latest update, 216,773 shares, representing 0.49% of the offer size, have been tendered into the Open Offer Escrow Demat Account. It’s important to note that the number of shares submitted may differ from those ultimately accepted by the acquirer, pending validation and verification of documentation as per the terms outlined in the Letter of Offer. Shareholders should monitor the situation closely, considering the potential implications for market dynamics and ownership structure.