Adani Group To Pick Up 47% Stake In ITD Cementation
Adani Group To Pick Up 47% Stake In ITD Cementation As It Looks To Supercharge Portfolio: Report
The Adani Group, led by billionaire Gautam Adani, is reportedly planning to acquire a 46.64% stake in ITD Cementation India. What Happened: The Adani Group has emerged as the top contender to acquire the promoter’s stake in ITD Cementation India,
Adani Group eyes 46.64% stake acquisition in ITD Cementation India
The Adani Group has emerged as the frontrunner to acquire a 46.64 per cent promoter stake in ITD Cementation India, a move that is expected to bolster the infrastructure conglomerate’s in-house civil engineering expertise,
ITD Cementation hit 20 per cent upper circuit amid Adani Group's promoter's stake buy reports; co clarifies
Shares of ITD Cementation India Ltd surged by 20 per cent after reports emerged that the Adani Group is planning to acquire a 46.64 per cent stake fro
ITD Cementation shares jump 20% to upper circuit on Adani Group acquisition news; co clarifies
ITD Cementation stock jumped after a news report that Adani Group is the frontrunner for buying out the promoters' stake in the firm, including a fully subscribed open offer post acquisition.
Adani Group Set To Acquire 46.64% Stake In ITD Cementation India
The Adani Group has emerged as the frontrunner to acquire a 46.64 per cent promoter stake in ITD Cementation India, a move that could significantly strengthen its in-house civil engineering expertise.
ITD Cementation shares surge over 15% amid reports that Adani Group leading bid for 46.64% promoter stake
ITD Cementation India's shares surged over 15% amid reports that the Adani Group is poised to acquire a 46.64% stake, potentially valued at ₹5,888.57 crore. The stock has increased by 189% from its 52-week low,
Adani Group leads race for 46.64% of ITD Cementation India in $700-mn deal: Report
An agreement between both parties was reportedly reached earlier this week, with an official announcement expected soon. However, these details have not been independently verified, the report added.
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