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.