ITC (ITC) — Corporate Action

📢 Key Event
Amalgamation of Blazeclan and Cloudlytics with ITC Infotech becomes effective September 1, 2026

🔄 What Changed
Blazeclan and Cloudlytics cease to be subsidiaries; scheme sanctioned by NCLT

💡 Investor Takeaway
The subsidiaries are dissolved, ending their separate existence within ITC's structure

ITC announced the effective amalgamation of Blazeclan Technologies and Cloudlytics Technologies with ITC Infotech, effective September 1, 2026, dissolving the step-down subsidiaries without winding up. The scheme was sanctioned by NCLT and the appointed date is October 1, 2024.

📄 View Original Announcement (PDF)

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About ITC Ltd (ITC)

Fast Moving Consumer Goods · FMCG · Listed on BSE

Market Cap: ₹3,33,847.68 Cr P/E: 16.8 ROE: 27.8% ROCE: 36.0% Div Yield: 5.44%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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