ITC has informed that the Company has received a certified copy of the Order dated 4 th October, 2024 issued by the Hon’ble National Company Law Tribunal, Kolkata Bench, sanctioning the Scheme of Arrangement amongst ITC and ITC Hotels and their respective shareholders and creditors under Sections 230 to 232 read with the other applicable provisions of the Companies Act, 2013 (Scheme); copy of the said order was received by the Company on 16th December, 2024 at 5.26 pm. ITC and ITC Hotels have mutually acknowledged that all the conditions specified in Clause 28 of the Scheme have been fulfilled and satisfied, including filing of the aforesaid Order with the Registrar of Companies, West Bengal, and accordingly, the Appointed Date and the Effective Date of the Scheme shall be the first day of the following month, 1 st January, 2025, in accordance with Clauses 5.1(iii) and 5.1(xvi) of the Scheme, respectively.
The above information is a part of company’s filings submitted to BSE.
