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

Renew Exim DMCC is conducting an open offer to acquire up to 4.47 crore fully paid-up equity shares of ITD Cementation India Limited. Currently, 59,83,233 shares, representing 13.40% of the offer size, have been tendered in the open offer escrow account. These shares must undergo validation and verification before acceptance as per SEBI regulations. While the tendered shares indicate a positive interest from public shareholders, the final number of shares accepted by the acquirer may vary. Investors should monitor this development, as successful completion of the acquisition could impact ITD Cementation's market dynamics and shareholder structure.