Event Details
The Scheme of Amalgamation of Blazeclan Technologies Private Limited (BTPL) and Cloudlytics Technologies Private Limited (CTPL) with ITC Infotech India Limited has been completed. Both BTPL and CTPL were step-down wholly owned subsidiaries of ITC Limited.
Regulatory Approval and Effective Date
The Scheme was sanctioned by the Hon'ble National Company Law Tribunal (NCLT), specifically both the Kolkata and Mumbai Benches. Following the fulfilment of all conditions precedent, the Scheme became effective on September 1, 2026. The Appointed Date for the amalgamation, which is significant for accounting purposes, was set as October 1, 2024.
Corporate Structure Impact
With effect from the effective date of September 1, 2026, Blazeclan Technologies Private Limited and Cloudlytics Technologies Private Limited stand dissolved without winding up. Consequently, both entities have ceased to be subsidiaries of ITC Limited.
Filing and Signatory Details
The disclosure was made via a letter dated September 1, 2026, signed by R. K. Singhi, Executive Vice President & Company Secretary of ITC Limited. The letter was digitally signed on September 1, 2026, at 16:33:42 IST. Copies of the communication were also sent to the U.S. Securities and Exchange Commission and the Luxembourg Stock Exchange.