ITD Cementation India has announced a board meeting on Renew EXIM DMCC acquiring a 67.46% stake, making Renew the new majority controller.

The previous promoter, Italian-Thai Development Public Company Limited, has exited completely. **Issue:** Change in company control and promoter. **Possible Impact:** Potential strategic and operational changes as the new promoter takes charge.

Investors should watch for updates on management and company direction. **Company’s Response:** The board acknowledges the change in control and is aligned with all necessary compliance steps.