ITC Malaysia joins ITC Limited as a fully owned subsidiary

ITC Malaysia joins ITC Limited as a fully owned subsidiary

The wholly-owned subsidiary in Malaysia is under the name of 'ITC Infotech Malaysia'

FPJ Web DeskUpdated: Saturday, February 04, 2023, 02:37 PM IST
article-image
ITC Malaysia joins ITC Limited as a fully owned subsidiary | Image: ITC (Representative)

ITC Limited has disclosed that the company have been advised by ITC Infotech India Limited, a wholly-owned subsidiary, that they have incorporated a wholly-owned subsidiary in Malaysia under the name of ‘ITC Infotech Malaysia SDN. BHD on 3rd February, 2023, via an exchange filing.

Consequently, ITC Malaysia has become a step-down wholly owned subsidiary of the company with effect from the said date.

RECENT STORIES

'It's SEBI's Job To Regulate Futures And Options Market,' Says Finance Minister Nirmala Sitharaman

'It's SEBI's Job To Regulate Futures And Options Market,' Says Finance Minister Nirmala Sitharaman

Apple Slashes iPhone Prices in India Post-Budget 2024 Customs Duty Cut; Check Out the New Prices

Apple Slashes iPhone Prices in India  Post-Budget 2024 Customs Duty Cut; Check Out the New Prices

IndiGo Flags Higher Inflationary Environment, Escalation In Fuel, Airport Costs

IndiGo Flags Higher Inflationary Environment, Escalation In Fuel, Airport Costs

ITR Filing Countdown: Avoid Penalties and Late Fees – What You Need to Know Before the July 31...

ITR Filing Countdown: Avoid Penalties and Late Fees – What You Need to Know Before the July 31...

Gold Prices Rebound to ₹70,700 per 10 Grams Amid Global Market Strength

Gold Prices Rebound to ₹70,700 per 10 Grams Amid Global Market Strength