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,
ITD Cementation hit 20 pc upper circuit amid Adani Group's promoter's stake buy reports;co clarifies
Shares of engineering and construction firm ITD Cementation India Ltd surged 20 per cent to hit the upper circuit limit in intra-day trade on Friday amid reports that the Adani Group is set to acquire
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.
Adani Group set to acquire 46.64% stake in ITD Cementation India for Rs 5,888.57 crore
The Adani Group is set to acquire a 46.64% stake in ITD Cementation India for Rs 5,888.57 crore to enhance its civil engineering capabilities. This acquisition will trigger an open offer for an additional 26% stake.
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,
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Adani Total Gas Secures USD 375 Million Funding for Expansion
Adani Total Gas Ltd, a joint venture between Adani group and TotalEnergies, has secured USD 375 million in funding from ...
Adani Group works on $5-7-billion acquisition blueprint for next 6 months: Report
Despite ongoing investigations by the Securities and Exchange Board of India, the Supreme Court's decision in January to ...
Adani Group Donates Rs 25 Crore For Andhra Pradesh Flood Relief
The Adani Group today donated ₹ 25 crore to support flood relief efforts in Andhra Pradesh. Several parts of the states were ...
Adani Group clarifies news report claiming statement on Kenya Airports Authority, says ‘entirely false’
Adani Group clarifies local news report claiming statement on Kenya Airports Authority, says ‘entirely false’, warns of ‘fake ...
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Adani Takeover of Kenyan Airport Not Going Smoothly
Last week, dozens of workers at the Jomo Kenyatta International Airport chanted “Adani must go”. Kenya Civil Aviation Authority said air traffic control services were fully operational, with landings ...
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Grapevine: Adani eyes another cement maker; SP Group firm raising funding
Adani Group is close to acquiring a 46.64% stake in ITD Cementation India for Rs 5,889 crore ($700 million), including a mandatory open offer, a media report said. The deal, aimed at strengthening ...
Adani Group’s bid to buy Reliance Power’s plant near Mumbai gets a fresh boost
Reliance Power's resolution of a loan dispute clears the path for Adani Group to acquire the Butibori thermal power plant, ...
Adani Group vehemently denies fake press releases related to its presence in Kenya
The Adani Group on Monday vehemently denied fraudulent press releases being circulated, which are related to the conglomerate ...
India's Adani Total Gas gets $375 million financing, will expand distribution network
India's Adani Total Gas said on Friday it has secured maiden financing worth $375 million, which it would use to expand its ...