Cemindia Projects Ltd

Cemindia Projects Limited, formerly ITD Cementation India Limited, submitted a certificate to the BSE Limited and National Stock Exchange of India Limited on October 8, 2026, confirming securities dematerialized during the quarter ended September 30, 2026, as per Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, with KFin Technologies Limited acting as registrar and share transfer agent.

Cemindia Projects Limited, formerly ITD Cementation India Limited, will close its trading window for insider trading compliance starting Thursday, October 1, 2026, and will reopen 48 hours after the declaration of its unaudited financial results for the quarter and six months ending September 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited.

Cemindia Projects Ltd announced a revision in credit ratings from CARE Ratings Limited, impacting several instruments. Specifically, CARE Ratings upgraded the Long-term Term Loan, Fund-Based Facilities, Long-term Cash Credit, and Long-term Vendor Financing from CARE A+; Stable to CARE AA-; Stable. Additionally, the Commercial Paper (a short-term instrument), BG/LC (Long-term/Short-term) and BG/LC (Long-term/Short-term) were upgraded from CARE A1 to CARE A1+, and from CARE A+; Stable to CARE AA-; Stable / CARE A1+ respectively. There were no enhancements, assignments, or withdrawals reported beyond these rating actions.

Cemindia Projects Ltd announced a revision in credit ratings from ICRA Limited, impacting several facilities. The rating agency upgraded the Long-term Term Loan, Long-term Working Capital, and Non-fund based limits (LT/ST) from [ICRA]A+ (Stable) / [ICRA]A1 to [ICRA]AA (Stable) / [ICRA]A1+, while the Non-fund based limits (LT/ST) were also upgraded from [ICRA]A+ (Stable) / [ICRA]A1. There were no assignments, withdrawals, or enhancements related to any other rating agencies or instruments beyond those specifically detailed by ICRA Limited.

Cemindia Projects Limited, formerly known as ITD Cementation India Limited, said shareholders approved a special resolution to raise capital from eligible investors through the issuance of equity shares and/or other eligible securities in one or more tranches, according to a filing with the Bombay Stock Exchange and National Stock Exchange of India on August 17, 2026. The resolution was passed with the requisite majority via e-voting and remote e-voting, with voting available from August 13, 2026, to August 16, 2026.

Cemindia Projects Limited, formerly ITD Cementation India Limited, announced that a special resolution to raise capital from eligible investors through the issuance of equity shares or other eligible securities was approved by its shareholders at an extraordinary general meeting held on August 17, 2026. The resolution received 12,94,41,105 valid votes in favor out of a total of 17,17,87,584 votes cast. The company also disclosed the results of the e-voting process, conducted by M/s Parikh & Associates, Practicing Company Secretaries, as the scrutinizer.

Cemindia Projects Limited, formerly ITD Cementation India Limited, has received a demand order from the Assistant Commissioner, Ahmedabad, Gujarat, under Section 74 of the Central Goods and Services Tax Act, 2017, related to a mismatch between Input Tax Credit (ITC) claimed and reflected on the GST portal for fiscal year 2020-21. The company has been levied a total tax and penalty of Rs 1.24 Crore, comprising Rs 57.03 Lakhs in IGST and Rs 33.67 Lakhs each in CGST and SGST. Cemindia Projects intends to file an appeal against the order and stated it does not anticipate a material financial impact. The order was received on August 7, 2026.

Net profit of Cemindia Projects rose 2.62% to Rs 140.83 crore in the quarter ended June 2026 as against Rs 137.23 crore during the previous quarter ended June 2025. Sales rose 5.61% to Rs 2720.92 crore in the quarter ended June 2026 as against Rs 2576.40 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales2720.922576.40 6 OPM %10.099.33 - PBDT235.11210.09 12 PBT192.37168.86 14 NP140.83137.23 3 Powered by Capital Market - Live

Cemindia Projects announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 17 August 2026.

The board of Cemindia Projects at its meeting held on 23 July 2026 has approved raising funds up to Rs 5,000 crore through issuance of equity shares by way of qualified institutional placement or any other mode.