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ITC Ltd — Capital/Financing Update 2024
Mar 22, 2024
60425_rns_2024-03-22_da49034b-93ec-40d0-8c98-099e3809e7ef.pdf
Capital/Financing Update
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ITC Limited Virginia House 37 J. L. Nehru Road Kolkata 700 071, India Tel. : 91 33 2288 9371 Fax : 91 33 2288 4016 / 1256 / 2259 / 2260
22[nd] March, 2024
The Manager Listing Department National Stock Exchange of India Ltd. Exchange Plaza Plot No. C-1, G Block Bandra-Kurla Complex Bandra (East) Mumbai 400 051
The General Manager Dept. of Corporate Services BSE Ltd. P. J. Towers Dalal Street Mumbai 400 001
The Secretary The Calcutta Stock Exchange Ltd. 7, Lyons Range Kolkata 700 001
Dear Sirs,
Acquisition of Shares
Further to our letters dated 14[th] August, 2023 and 15[th] March, 2024 on the subject, we write to advise, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Company has today (i) 36,26,633 Equity Shares of Rs. 10/- each of International Travel House Limited (ITHL) for an aggregate consideration of Rs. 21,21,58,031/-; and (ii) 90,000 Equity Shares of Rs. 100/- each of Maharaja Heritage Resorts Limited (MHRL) for an aggregate consideration of Rs. 90,00,000/-, from Russell Credit Limited, a wholly owned subsidiary of the Company.
With the aforesaid acquisition, the Company’s shareholding in ITHL and MHRL aggregates 48.96% and 50%, respectively, of their paid-up share capital.
Yours faithfully, ITC Limited
RAJENDR Digitally signed by RAJENDRA A KUMAR KUMAR SINGHI Date: 2024.03.22 SINGHI 18:02:45 +05'30' (R. K. Singhi) Executive Vice President & Company Secretary
FMCG ⚫ HOTELS ⚫ PAPERBOARDS & PACKAGING ⚫ AGRI-BUSINESS ⚫ INFORMATION TECHNOLOGY Visit us at www.itcportal.com ⚫ Corporate Identity Number : L16005WB1910PLC001985 ⚫ e-mail : [email protected]
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cc: Securities Exchange Commission Division of Corporate Finance Office of International Corporate Finance Mail Stop 3-9 450 Fifth Street Washington DC 20549 U.S.A. cc: Societe de la Bourse de Luxembourg 35A Boulevard Joseph II L-1840 Luxembourg