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
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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.