ITD Cementation India Limited — Important, 07-04-2025: Updates

Renew Exim DMCC is actively pursuing an open offer to acquire up to 4.47 crore fully paid-up equity shares of ITD Cementation India Limited. As part of this initiative, approximately 20.28 million shares, representing 45.40% of the offer size, have already been tendered into the Open Offer Escrow Demat Account. The validation process of the tendered shares is ongoing, and acceptance will depend on compliance with the SEBI (SAST) Regulations outlined in the Letter of Offer issued in mid-March 2025. This open offer could significantly alter the shareholder structure of ITD Cementation, so investors should be alert to the evolving situation and potential impacts on share value.