ITC Ltd.

BSE: 500875 | NSE: ITC
Large Cap | Cigarettes/Tobacco
329.25
-5.50 (-1.64%)
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ITC acquires entire share capital of Technico Pty

Date: 31-03-2012

ITC has acquired 2,26,06,065 Ordinary Shares having no par value of Technico Pty (TPL), a company incorporated in Australia, from Russell Credit, wholly owned subsidiary of the company.

Accordingly, TPL became a wholly owned subsidiary of the company with effect from March 26, 2012.

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.