ITD Cementation India Limited — Others, 29-05-2025: Resignation

ITD Cementation India has announced a board meeting outcome featuring leadership changes following acquisition by Renew Exim DMCC. Dr. Malay Mahadevia joins as Additional Director and Chairman, while Mr. Kattunga Srinivasa Rao is appointed Additional Director, both pending shareholder approval. Mr. Nitesh Sharma will take over as CFO and Key Managerial Personnel mid-June. Resignations from former chairmen and CFO were accepted due to the ownership transition. Updates to the Articles of Association reflecting new ownership are in progress, subject to shareholder consent.