NCLT approves amalgamation of Sunrise Foods with ITC, says company

ITC Ltd on Friday said the National Company Law Tribunal (NCLT) has approved the amalgamation of its recently acquired spice company Sunrise Foods with itself. In a notice to the stock exchanges, ITC said the Kolkata bench of NCLT has approved the amalgamation effective April 1, 2021. It also said the two subsidiaries of Sunrise -- Hobbits International Foods and Sunrise Sheetgrah -- have become wholly owned subsidiaries of ITC...
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