New Delhi, March 26 -- ITC Limited's step-down subsidiary, Blazeclan Americas Inc., has been voluntarily dissolved with effect from March 24, 2026, the company said in a stock market filing.

ITC said it received confirmation of the dissolution on March 25 at 11:12 pm following which Blazeclan Americas Inc. ceased to be a step-down subsidiary of the company from the said date.

"We write to advise that Blazeclan Americas Inc., USA, a step-down subsidiary of the Company, has been voluntarily dissolved with effect from 24th March, 2026; confirmation to this effect was received by the Company yesterday at 11.12 p.m," ITC said in the filing.

According to the regulatory filing, Blazeclan Americas Inc. reported a total income of Rs 4.38 crore ...