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ITC acquires stake in Delectable Technologies

07 Dec 2019 Evaluate

ITC has acquired stake in Delectable Technologies in the first tranche, 100 Equity Shares of Rs 10 each and 1864 Compulsorily Convertible Preference Shares of Rs 10 each, representing 11.15% of its share capital on a fully diluted basis.

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 268.55
Godfrey Phillips Ind 1875.00
VST Industries 200.95
Indian Wood Products 38.67
NTC Industries 137.00
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