Tue, Dec 17, 2024
Kolkata-headquartered cigarettes-to-hotels conglomerate ITC Ltd on Tuesday announced that a planned demerger of its hotels business into a separate company, ITC Hotels Ltd, will take effect from January 1. The conglomerate ITC on Tuesday said all conditions for the demerger are "fulfilled". Under the proposed demerger, ITC Hotels Ltd will issue equity shares directly to the shareholders of ITC to ensure that about 60 per cent stake is held directly by ITC shareholders in proportion to their shareholding in ITC while the remaining 40 per cent will remain with ITC. Read on to know important details about the proposed demerger between ITC Ltd and ITC Hotels Ltd.
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Thu, Jun 06, 2024
ITC Demerger latest news, ITC share price today NSE: ITC, a cigarette-to-hotel conglomerate shares hogged the limelight on Thursday, June 6 after ITC's board shareholders approved the proposed demerger of its hotels business today.
Fri, Jul 28, 2023
ITC's clarification on hotel demerger issues, what did ITC management say in the concall? What will be the effect of hotel business demerger? Will ITC do more demergers in the future?
Tue, Jul 25, 2023
Why did ITC fall after the news of Hotel demerger? What should investors do after Hotel Demerger in ITC? How will be the valuations of ITC hotel business? Why is July 27 concall important? Full analysis of ITC Hotel demerger from #anilsinghvi...
First of all we told that demerger will happen in ITC at 200 level, where to forget, only we said don't sell even by mistake, repeatedly said don't sell ITC at all, first of all we told that golden time will come for ITC
Mon, Jul 24, 2023
ITC's hotels business is being demerged into a separate entity. This is a move that has been anticipated for some time, and it is likely to have a significant impact on the company's future. In this video, we will discuss the implications of the demerger for investors, and what they should watch out for.
ITC Group gets in-principle approval for demerger, subsidiary will be named ITC Hotels, ITCShares fall after announcement
In-principle approval for demerger of ITC's hotel business. ITC's stake in the demerged company will be 40%.Approved the formation of a subsidiary named ITC Hotels Ltd. Formation approved for hotel and hospitality business
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