Mar 24, 2007

ITC Infotech could go public: Deveshwar

ITC Infotech, an IT services company and fully-owned subsidiary of ITC, is planning to go public. Although no date has been finalised as to when the company is planning to hit the capital market, Y C Deveshwar, chairman, ITC said the company may opt for the bourses `at some point of time'.

ITC Infotech is structured as a separate company, not as a division. That is the only business that we structured as a separate company. That indicates that at a point of time, we could take ITC Infotech public," Deveshwar said here on the sidelines of an event organised by the Confederation of Indian Industry on Friday.

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