01-Sept-2026 16:44:46
ITCAcquisition and merger
ITC LIMITED : AMALGAMATION EFFECTIVE SEPT 1
• Amalgamation of Blazeclan Technologies Private Limited and Cloudlytics Technologies Private Limited with ITC Infotech India Limited is effective from September 1, 2026. • The Scheme has been sanctioned by the Hon'ble National Company Law Tribunal, Kolkata and Mumbai Benches. • BTPL and CTPL stand dissolved without winding up and have ceased to be subsidiaries of ITC Limited. • The Appointed Date of the Scheme is October 1, 2024. • Impact: Positive (Scheme completion signifies corporate restructuring and integration of subsidiaries.)
ITC Limited
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