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FMCG Major ITC Raises Stake In Delectable Technologies To 27% Of Share Capital On Fully Diluted Basis Details

With the acquisition, the company's shareholding in Delectable aggregates 27.34 per cent of its share capital on a fully diluted basis, said ITC Limited

ITC raises stake in Delectable Technologies to 27%

Two years ago, ITC Ltd had agreed to acquire a stake of up to 33.42 per cent in Delectable Technologies Pvt Ltd. It announced that it will pay up to Rs 7.50 crore in four tranches.

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