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 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
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 Soars 20% on Adani Group Stake Buy Reports
Shares of ITD Cementation India Ltd surged 20% after reports suggested Adani Group's potential acquisition of a promoter stake. The company later clarified that there is no conclusion on the proposed divestment.
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,
Adani Group's expanding global footprint in the power sector
Conglomerate is in talks to sign a $1.3 billion deal for the construction of three power lines in Kenya. This will be the ...
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 ...
India West9h
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 ...
Adani Group donates Rs 25 cr for AP flood relief
Vijayawada: The Adani Group on Thursday announced it is donating Rs 25 crore towards the relief efforts in Andhra Pradesh, ...
Adani Group denies Hindenburg comment on frozen funds in Swiss banks
India's Adani Group said late on Thursday it has no involvement in any Swiss court proceedings after Hindenburg Research ...
kahawatungu7d
Adani Group Denies Money Laundering Claims as Sh40 Billion Frozen in Swiss Probe
India's Adani Group denied involvement in a money laundering and securities fraud probe that reportedly saw the freezing of ...
Adani Total Gas raises over Rs 3,000 crore from global lenders to expand its city gas network
Adani Total Gas, a joint venture between Adani Group and Total Energies, has secured ₹3,131 crore ($375 million) from several ...
Anil Ambani's Reliance Infrastructure To Raise Rs 6,014 Crore After Settling Disputes With Adani Group And CFM
As per the company exchange filing, Reliance Infrastructure is planning to raise Rs 6,014 crore. The purpose behind the ...