Details of shares subscribed as at 13:19:48 on April 02, 2025
As filed · ICICI Securities Limited has submitted to the Exchange a copy of details of shares subscribed as at 13:19:48 on April 02, 2025.
What happened
FactRenew Exim DMCC has launched an open offer to acquire up to 4,46,64,772 fully paid-up equity shares of ITD Cementation India Limited. As of April 2, 2025, 459 equity shares, constituting 1.58% of the offer size, have been tendered in the Open Offer Escrow Demat Account. The acceptance of the tendered shares will be subject to validation and verification as per the SEBI (SAST) Regulations.
Why it matters
CapitSignal interpretationAn open offer gives holders a defined price at which they can exit, and signals that control is changing.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
RevisedDuring the year, we secured new orders worth over H 7,100 Crores across various sectors.
In FY 2024-25, we achieved consolidated revenue of D 9,097 Crores, marking an 18% year-on-year increase, backed by disciplined project execution across verticals.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Offer price versus market price
- Acquirer and resulting shareholding
- Yes, if you see that last year we have secured the order of Rs. 14,000-15,000 crores. This year we are plannin (management committed by FY27)
- We have entered FY 2025-26 with confidence and a renewed sense of ambition. (management committed by FY26)
Evidence
- ICICI Securities Limited has submitted to the Exchange a copy of details of shares subscribed as at 13:19:48 on April 02, 2025.(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY25
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- OPEN_OFFER base 72; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%