The management of ITC Ltd will not give a no-objection certificate to British American Tobacco Plc (BAT) for increasing its stake in VST Industries. As BAT holds an equity stake in ITC, it would require the consent of ITC for any such move.
Itc To Block Bat & #8217;S Vst Bid
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First Published: Jun 12 2001 | 12:00 AM IST
