<h1>Adani's Renew Exim DMCC gets CCI nod to acquire 72.64% stake in ITD Cementation for Rs 5,757 crore.</h1> The Competition Commission of India has approved the Adani Group's subsidiary, Renew Exim DMCC, to acquire a 72.64% stake in ITD Cementation India for approximately Rs 5,757 crore. Renew Exim DMCC, based in Dubai, will initially purchase a 46.64% stake from ITD Cementation's promoters for Rs 3,204 crore and has launched an open offer to acquire an additional 26% from public shareholders for Rs 2,553 crore. This acquisition is part of Adani Group's aggressive expansion in the cement industry, following previous acquisitions of Holcim's Indian assets, Penna Cement, and Orient Cement.