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ITC
BSE: 500875NSE: ITCISIN: INE154A01025

18th-Sep-2020 17:35Source: BSE

ITC - Announcement under Regulation 30 (LODR)-Updates on Acquisition

Further to our letters dated 13th November, 2019 and 6th December, 2019 (copies enclosed), we write to advise, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular dated 9th September, 2015, that the Company on 17th September, 2020 has acquired, in the second tranche, 1964 Compulsorily Convertible Preference Shares of Rs. 10/- each of Delectable Technologies Private Limited (''Delectable'').

With the aforesaid acquisition, the Company''s shareholding in Delectable aggregates 20.06% of its share capital on a fully diluted basis.

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