Скачать или смотреть 1 January से लागू होगा ITC Hotel Business का Demerger!

ITC to Demerge Hotel Business by January 2025

FMCG giant ITC recently announced that its hotel business will be demerged into a separate listed entity starting January 1, 2025. ITC has set January 6, 2025, as the record date for the allocation of shares.

In August 2023, ITC revealed its plan to separate its hotel business. As part of this demerger, ITC will retain a 40% stake in ITC Hotels, while the remaining 60% will be allocated to existing ITC shareholders in proportion to their shareholding. Shareholders of ITC will receive 1 share of ITC Hotels for every 10 shares of ITC they own.

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