ITD Cementation India Limited — Important, 08-04-2025: Updates

Renew Exim DMCC is set to acquire up to 4.47 crore fully paid-up equity shares of ITD Cementation India Limited as part of an open offer. Currently, approximately 3.38 crore shares, constituting about 75.59% of the offer size, have been tendered in the designated escrow demat account. This reflects strong participation from public shareholders. However, acceptance of these shares is contingent upon validation of the submitted documentation. Investors should monitor the outcome, as this could influence ITD Cementation's market dynamics and shareholder base, presenting both potential growth opportunities and risks depending on how many shares are ultimately accepted.