ITD Cementation India Limited — Important, 09-04-2025: Updates

Renew Exim DMCC is launching an open offer to acquire up to 4.47 crore fully paid-up equity shares of ITD Cementation India Limited. As of the latest update, approximately 3.56 crore equity shares, accounting for 79.78% of the offer size, have been tendered by public shareholders into the designated escrow account. The shares submitted will undergo validation before acceptance in accordance with the relevant regulations and the previously circulated letter of offer. This acquisition could signal a strategic move to consolidate ownership and potentially reshape the company's management and operations. Investors should watch closely for further developments as the process unfolds.