ITC will hold a meeting of the Board of Directors of the Company on 23 May 2024Powered by Capital Market - Live News

ITC announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 6 June 2024 .Powered by Capital Market - Live News

ITC announced that its wholly owned subsidiary - ITC Infotech India has entered into a share purchase agreement for acquisition of 100% of the share capital of Blazeclan Technologies. The total consideration is up to Rs 485 crore including contingent consideration which is subject to achievement of prescribed targets.Blazeclan is a born-in-the-cloud consulting company providing cloud services on AWS, Azure and GCP, and has been recognized as a Niche Player in the 2023 Gartner� Magic Quadrant for Public Cloud IT Transformation Services. This acquisition is expected to augment ITC Infotech`s capabilities to service its customers in a multi-cloud and hybrid cloud environment with focus on the Partner eco-system to accelerate future growth.The acquisition is expected to strengthen ITC Infotech`s commitment to helping clients navigate their digital transformation journey and deliver business outcomes built on the foundation of strong Cloud capabilities.Powered by Capital Market - Live News

ITC has allotted 3,25,126 ordinary shares of Re 1 each under ESOS on 15 March 2024. Consequently, the paid up equity share capital of the Company stands increased to Rs 1248,47,21,471/- divided into 1248,47,21,471 ordinary shares of Re 1/- each. Powered by Capital Market - Live News

ITC has acquired 2,356 Compulsorily Convertible Preference Shares of Rs. 10/- each of Sproutlife Foods for a cash consideration of Rs 50 crore, in terms of the Securities Subscription & Purchase Agreement and the Shareholders Agreement executed on 19 April 2023. With this acquisition, the company now holds 44.74% stake in Sproutlife Foods (on a fully diluted basis) at a total investment of Rs 225 crore. Powered by Capital Market - Live News