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ITC Investments becomes wholly-owned subsidiary of ITC

21 May 2012 Evaluate

ITC Investments & Holdings has become the wholly-owned subsidiary of ITC. This is pursuant to the allotment of 45,00,000 equity shares of Rs 10 each to the company by ITC Holdings, for cash at par.

Earlier this month, WelcomHotels Lanka (WLPL), a company incorporated in Sri Lanka became a wholly-owned subsidiary of ITC. This was pursuant to the allotment of 37,65,000 equity shares to the company by WLPL on that date.

ITC, a diversified conglomerate has business 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.   

ITC Share Price

304.80 -2.00 (-0.65%)
20-Apr-2026 15:19 View Price Chart
Peers
Company Name CMP
ITC 304.80
Godfrey Phillips 2136.40
VST Industries 263.90
The Indian Wood Pro. 33.80
NTC Industries 171.00
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