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ITC’s arm acquires entire equity share capital of Wills Corporation

08 Sep 2015 Evaluate

Russell Credit, a Wholly Owned subsidiary of ITC, has acquired the entire equity share capital of Rs 4.89 crore of Wills Corporation (Wills), another wholly owned subsidiary of ITC. Accordingly, Wills has ceased to be a direct subsidiary of the Company with effect from September 7, 2015.

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

Peers
Company Name CMP
ITC 266.50
Godfrey Phillips Ind 1899.00
VST Industries 202.15
Indian Wood Products 38.08
NTC Industries 136.00
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