ITC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 28, 2013, approved the demerger of the Non-Engineering Business comprising Safety Matches Business and Agri (Forestry) Business of Wimco Ltd. (a subsidiary of the Company) into the Company and the related Scheme of Arrangement ('Scheme') between Wimco Ltd. and the Company. The Scheme, which is subject to approvals as necessary, will take effect from April 01, 2013. Upon the Scheme becoming effective, the Members of Wimco Ltd. will be entitled to 2 (Two) Ordinary Shares of Re. 1/- each of the Company for every 77 (Seventy Seven) Equity Shares of Re. 1/- each of Wimco Ltd. held by them on such date as may be determined. ITC Limited has informed the Exchange that :'Further to our letter dated 24th March, 2014 , we write to advise that the Scheme of Arrangement between Wimco Limited (Wimco) and the Company and their respective shareholders for demerger of the Non- Engineering Business comprising Safety Matches Business and Agri (Forestry) Business of Wimco into the Company (the Scheme), has been sanctioned by the Hon'ble High Court of Judicature at Bombay and the Hon'ble High Court Calcutta. Certified copies of the said Orders have been filed with the respective Registrar of Companies on 19 June 2014 and 27 June, 2014. Consequent to the above, the Scheme has become effective from Friday, 27th June, 2014'. (As Per NSE Bulletin Date on 01.07.2014) With reference to the earlier announcement dated June 30, 2014 regarding Demerger of Non-Engineering Business of Wimco Limited into the Company, ITC Ltd has now informed BSE that in terms of the Scheme of Arrangement between Wimco Limited (Wimco) and the Company for demerger of the Non-Engineering Business of Wimco into the Company, the Company on August 29, 2014 has issued and allotted 87,761 Ordinary Shares of Rs. 1/- each to the members of Wimco in the ratio of 2 (Two) Ordinary Shares of Rs. 1/- each in the Company for every 77 (Seventy Seven) Equity Shares of Rs. 1/- each held in Wimco. Consequently, with effect from August 29, 2014, the Issued and Subscribed Share Capital of the Company stands increased to Rs. 796,74,38,581/- divided into 796,74,38,581 Ordinary Shares of Rs. 1/- each. (As Per BSE Announcement Dated on 05.09.2014)