Alpha Tribe

ITD Cementation India LimitedImportant, 07-04-2025: Updates

07-04-2025 · 12:11 pm

The open offer by Renew Exim DMCC to acquire up to 4.47 Crore fully paid-up equity shares of ITD Cementation India Limited is in progress. As of the latest update, 1.23 Crore equity shares, representing 27.56% of the offer size, have been tendered into the Open Offer Escrow Account. This account is managed by Ventura Securities Limited. It's essential to note that the shares tendered by public shareholders are subject to validation and the final number of shares accepted may differ from those currently tendered. Investors should monitor this development closely as it unfolds, considering potential impacts on shareholder dynamics and market sentiment.

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