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1. Stay informed about the upcoming ITC demerger record date in 2024! Find out the share ratio and what it means for shareholders. #ITC #demerger #recorddate
2. Exciting news for ITC Ltd shareholders! Learn about the demerger record date in 2024 and the share ratio for ITC Hotels Ltd. #ITC #shareholders #demerger
3. Get the latest update on the ITC demerger record date set for 2024! Discover how the approval by shareholders will impact ITC Hotels Ltd. #ITC #demerger #shareholders
ITC demerger record date 2024 Announcement COMING SOON Check share ratio. ITC demerger record date 2024: For every 10 shares held in ITC Ltd, shareholders would be entitled to receive 1 share of ITC Hotels Ltd. ITC had earlier stated that 100 per cent of the new hotel business will remain under shareholders of ITC. ITC demerger record date 2024: ITC Limited demerger was approved by the shareholders, the company announced in an exchange filing last week. The company had earlier announced that it will demerge its hotels business - ITC Hotels and convened a meeting of its shareholders to seek their approval for the demerger. We would like to advise that the Resolution for approval of the Scheme of Arrangement amongst ITC Limited and ITC Hotels Limited and their respective shareholders and creditors for the proposed demerger of the Hotels Business of ITC Limited into ITC Hotels Limited, as set out in the Notice dated 30th April, 2024, has been passed by the Members by requisite majority," the company said in a filing.