The board of directors of ITD Cementation India Limited in its meeting held on June 20, 2025 informed about the Resignation of Non-Executive - Independent Directors: Mr. Sunil Shah Singh has tendered his resignation from the Board of the Company from the position of Non-Executive - Independent Director of the Company, with effect from the conclusion of the Board meeting held on 20 June, 2025, pursuant to sale and transfer of entire shareholding of Italian Thai Development Public Company Limited, Promoter of the Company to Renew Exim DMCC, and consequent
change of ownership and control of the Company. Therefore, he also ceases to be a Chairman of the Audit Committee and Nomination and Remuneration Committee and Member of Corporate Social Responsibility Committee. Mrs. Jana Chatra, has tendered her resignation from the Board of the Company from the position of Non-Executive - Independent Director of the Company, with effect from the conclusion of the Board meeting held on 20 June, 2025, pursuant to sale and transfer of entire shareholding of Italian Thai Development Public Company Limited, Promoter of the Company to Renew Exim DMCC, and consequent change of ownership and control of the Company. Therefore, she also ceases to be a Member of the Audit
Committee and Nomination and Remuneration Committee. Reason for resignations- Pursuant to sale and transfer of entire shareholding of Italian Thai
Development Public Company Limited, existing Promoter of the Company to Renew Exim DMCC, belonging to the Adani Group and consequent
change of ownership and control of the Company.
ITD Cementation India Limited is an India-based engineering and construction company. The Company is involved in the heavy civil, infrastructure, and engineering, procurement and construction (EPC) business and operates in India. The Company is engaged in urban infrastructure, Mass Rapid Transport Systems (MRTS) and airports; highways, bridges and flyovers; maritime structures; industrial structures and buildings; water and wastewater; foundation and specialist engineering, and hydro, dams, tunnels and irrigation. It is focused on construction of flyovers, underpasses and river bridges using specialized foundation techniques. The Company offers a modern and comprehensive range of construction techniques for the construction of piles and diaphragm walls, ground improvement, drilling grouting works, rock anchors, slope stabilization and rehabilitation work. The Company’s subsidiaries include ITD Cementation Projects India Limited, ITD Cemindia JV and ITD Cem-Maytas Consortium.
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Investor
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ESG MSCI
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