ITD Cementation India Limited — Others, 29-05-2025: Amendment to AOA/MOA

ITD Cementation India Limited has announced a board meeting outcome confirming key management changes following the transfer of ownership to Renew Exim DMCC (part of the Adani Group). Dr. Malay Mahadevia is appointed Non-Executive Non-Independent Director and Chairman, and Mr. Kattunga Srinivasa Rao joins as an Additional Non-Executive Non-Independent Director, both pending shareholder approval. Mr. Nitesh Sharma takes over as CFO from mid-June. Resignations of the former Chairman, Executive Vice Chairman, and CFO correspond with the ownership transition. The company will amend its Articles of Association to reflect the new promoter after shareholder consent.