ITC Hotels Demerger & Share Price Live Updates: ITC shares fall 5%, stock to turn ex-date today

ITC Hotels Stocks, ITC Hotels demerger share price live updates January 6, 2025: ITC shares in focus. ITC Hotels Ltd. will be demerged from ITC Ltd., with the record date for the company for demerger and the ex-date for the shares of ITC set at January 6. The restructuring will see ITC retain a 40 per cent stake in its hotel business, with the remaining 60% directly held by shareholders through a rights entitlement.

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  • January 06, 2025 09:50

    ITC shares in focus:

    ITC Hotels Ltd. will be demerged from ITC Ltd., with the record date for the company for demerger and the ex-date for the shares of ITC set at January 6. The restructuring will see ITC retain a 40 per cent stake in its hotel business, with the remaining 60% directly held…

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