Shareholders of Kolkata-based ITC Ltd. will soon receive an allotment of 125.11 crore shares of ITC Hotels Ltd. in their ...
ITC shareholders as of 6 January will receive one share of ITC Hotels for every ten ITC shares. The scheme of arrangement was approved by the Kolkata bench of the National Company Law Tribunal on 16 ...
Diversified FMCG conglomerate ITC on January 11, 2025, informed that the board of directors of ITC Hotels Company Limited ...
As per the scheme, ITC Hotel will be separated from the parent entity, according to a regulatory filing from the Kolkata-based conglomerate. As per the demerger scheme, ITC shareholders whose names ...
Domestic passive mutual fund (MF) schemes will have to sell around Rs 1,500 crore worth of ITC Hotels shares once the demerged entity lists on the exchanges, according to estimates. IMAGE: The ...
The discovered price of shares of cigarette-to-soap conglomerate ITC Ltd stood at around ₹455 apiece on stock exchanges at the end of a special trading session on Monday to adjust for the spinoff of ...
ITC Limited announces the demerger of its Hotels business into a separate entity, ITC Hotels Limited, effective January 1, 2025. This strategic move aims to unlock value, foster growth, and attract ...
ITC Ltd said there will be “strong growth enablers” in place for ITC Hotels. Notably, the Kolkata-headquartered diversified conglomerate has fixed the effective date for demerger of its Hotels ...
ITC Ltd, a Kolkata-based multinational conglomerate, stated on Monday (December 30) that ITC Hotels will be listed on stock exchanges within 60 days after obtaining the National Company Law ...
ITC shares will be in focus as BSE and NSE hold a special pre-open trading session today for ITC Hotels shares, which are being demerged from ITC Ltd. Shareholders will receive 1 ITC Hotels share for ...
Additionally, the brokerage expects the delisted entity -ITC Hotels to enter D-Street at a price range of between Rs 150-175 per share. Now as the National Company Law Tribunal- Kolkata has already ...
ITC Ltd. has allotted 125.11 crore equity shares to its shareholders as part of a demerger, separating ITC Hotels into an ...