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

ITC announced that the Board of Directors of the Company at its meeting held on 29 January 2024, inter alia, have recommended the interim dividend of Rs 6.25 per equity Share (i.e. 625%) , subject to the approval of the shareholders.Powered by Capital Market - Live News