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,
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 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 Ports, Adani Total Gas: 2 Adani group stocks in focus today; here's why
Shares of Adani Ports & Special Economic Zone settled at Rs 1,438.45 on Monday, rising 2.16 per cent for the day with a ...
standardmedia.co.ke1d
State overlooks better offer on JKIA expansion, prefers Adani
The process of allowing Adani Group to upgrade and run the Jomo Kenyatta International Airport (JKIA), contradicted the ...
kahawatungu9d
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 ...
citizen1d
Kalonzo to sue over Adani deal, warns Kenyans risk losing billions
Kalonzo also claimed that the Adani concession could result in significant financial losses for the country, claiming that ...
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, ...
devdiscourse7d
Adani Group Wins Major Power Supply Contract for Maharashtra: Stocks Surge
Adani Group's bid to supply 6,600 MW of renewable and thermal power to Maharashtra boosts shares of Adani Power and Adani ...
The Star5h
JKIA-Adani: Petition on lease to be amended after petitioners say they've new information
In the case before Mwamuye, the petitioners argue that the whole process regarding the JKIA-Adani deal is tainted with ...
Adani Group Announces Rs. 25 Crore Aid for Flood-Hit Andhra Pradesh
The Adani Group has stepped in to assist Andhra Pradesh, which has been severely affected by recent torrential rains and ...
devdiscourse8d
Adani Group Secures Major Energy Supply Project in Maharashtra
The Adani group has won a 6,600 MW power supply bid to Maharashtra, including 5,000 MW of solar and 1,600 MW of thermal power ...