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CCI approves Adani Group acquiring stake in ITD Cementation
short by / on Wednesday, 29 January, 2025
The Competition Commission of India (CCI) has approved Adani Group’s acquisition of up to 72.64 percent stake in ITD Cementation Limited. The stake reportedly includes more than 8 crore shares and the acquisition is expected to cost about ₹5,757 crore. ITD Cementation India Ltd is known for procurement and construction work in India.
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