ITD Cementation India Ltd Share Price – NSE /  BSE

Infrastructure Developers & Operators, Small Cap

ITD Cementation India is one of the leading engineering and construction companies undertaking heavy civil, infrastructure and EPC business and operating in India with an established presence and expertise in maritime structures, mass rapid transit systems, airports, hydro-electric power, tunnels, dams & irrigation, highways, bridges & flyovers, industrial structures and buildings, foundation & specialist engineering.

The company?s consolidated net profit jumped 26.9% to Rs 113.55 crore in Q4 FY25 as compared with Rs 89.51 crore in Q4 FY24. Revenue from operations increased 9.8% YoY to Rs 2,479.72 crore in the quarter ended 31st March 2025.

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ITD Cementation India has secured contract worth ~Rs 893 crore including GST for construction of Berth & Breakwater for the development of Greenfield Captive Jetty(s) in Odisha.

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The Board of ITD Cementation India at its meeting held on 28 May 2025 has accepted the resignation of Piyachai Karnasuta (DIN 07247974) from the position of Non-Executive - Non-Independent Director and Chairman of the Company and Santi Jongkongka (DIN 08441312), Whole time Director designated as Executive Vice Chairman, with effect from the 29 May, 2025, pursuant to sale and transfer of entire shareholding of Italian Thai Development Public Company, Promoter of the Company to Renew Exim DMCC, and consequent change of ownership and control of the Company.

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The Board of ITD Cementation India at its meeting held on 28 May 2025 has approved the alteration in the Article of Association.

Pursuant to the acquisition of the Company by Renew Exim DMCC, effecting consequential changes to the Company's Articles of Association including to remove references to Italian-Thai Development Public Company Limited, and to include references to Renew Exim DMCC, wherever applicable, subject to the approval of the shareholders at a General Meeting of the Company. Upon obtaining the requisite approval, the Articles of Association shall be amended accordingly to reflect the said changes.

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