ITD Cementation shares fall 8% post Adani’s acquisition bid
Adani group affiliate Renew Exim DMCC has proposed to buy 72.64% stake in ITD Cementation for a total consideration of over ₹5,700 crore.
renew exim dmcc
October 2024
Adani group to acquire majority stake in ITD Cementation for ₹5,700 cr
Adani group’s unit Renew Exim DMCC to buy 46.64% stake from ITD Cementation’s Thai promoter, and an additional 26% through open offer.
