ITC LTD. - Share Purchase Agreement

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24 May 2020
We write to advise, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Company on 23rd May, 2020 has entered into a Share Purchase Agreement ('SPA') to acquire 100% of the equity share capital of Messrs. Sunrise Foods Private Limited, an Indian company primarily engaged in the business of spices under the trademark 'Sunrise', subject to fulfilment of various terms and conditions as specified in the SPA. Further details will be advised upon consummation of the transaction.<BR> <BR> In the context of the above, we also advise that the Trading Window for purchasing, selling or otherwise dealing in the shares of the Company has been closed for all employees with immediate effect. The Trading Window will open 48 hours from the announcement to the Stock Exchanges of consummation of the transaction, as mentioned above.<BR> <BR> A copy of the Press Release issued by the Company on the subject is enclosed.
View all announcements for ITC LTD.	Source: BSE India

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