"King Maker Marketing Inc, USA has ceased to be a subsidiary of the company with immediate effect," ITC said in a filing to BSE.
Earlier in October 2016, ITC had said in a filing to bourses that it will sell its entire stake in US-based wholly owned subsidiary 'King Maker Marketing' for around USD 24 million.
"The corporate management committee has approved divestment of company's entire shareholding in King Maker Marketing, Inc, USA, a wholly owned subsidiary, along with assignment of certain trademarks owned by the company," ITC had said.
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