What was filed
ITC Limited told the exchanges that its wholly owned subsidiary ITC Infotech India Limited has completed the amalgamation of two step-down wholly owned subsidiaries — Blazeclan Technologies Private Limited (BTPL) and Cloudlytics Technologies Private Limited (CTPL) — into itself. Per the filing, the Scheme of Amalgamation was sanctioned by the National Company Law Tribunal, Kolkata and Mumbai Benches, and became effective upon fulfilment of all conditions.
What changes on the ground
From the effective date, the company said BTPL and CTPL stand dissolved without winding up and have ceased to be subsidiaries of ITC. The filing sets an Appointed Date, meaning the accounting effect of the combination relates back to that date. Because both entities were already wholly owned within the group, this is a consolidation of existing units rather than an acquisition of outside businesses.