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

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. So far, approximately 0.56 Crore shares, which is 12.49% of the total offer size, have been tendered into the open offer escrow demat account. The shares tendered by public shareholders are pending validation and verification, with acceptance governed by the terms in the letter of offer dated March 18, 2025. This development may be significant for shareholders, as the outcome of the open offer could impact stock liquidity and market positioning. Investors should keep a close watch on the acceptance ratio and further announcements related to this offer.