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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 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.
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 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,
47m
on MSN
Adani Energy Solutions valued at $18.5 billion; revenue to grow 20%
Adani Energy Solutions Ltd, valued at USD 18.5 billion, is expected to see significant growth in the next three years. The ...
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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 ...
The Star
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NYONG'O: Adani deal signals the execution of KQ
Mundra Port SEZ Controversy (2011): Adani was accused of environmental violations and illegal land acquisition related to its ...
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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, ...
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on MSN
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 ...
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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 ...
3d
on MSN
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 ...
9d
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 ...
NewsX
2d
Adani Group Donates ₹ 25 Crore For Andhra Pradesh Flood Relief
The Adani Group announced a donation of ₹25 crore today, to support flood relief efforts in Andhra Pradesh, which has been ...
english.mathrubhumi
3h
Insufficient evidence: Lokpal declines to open inquiry on SEBI chief over alleged Adani links
The Lokpal has requested both complainants to submit affidavits with additional facts, with the matter set to be reconsidered ...
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