Goodreturns18d
1:10 Spin-Off: ITC-ITC Hotels Demerger Effective From Jan-1; When Will Biggest FMCG Stock Hit Rs 1,000? BUY!
ITC stated that shares of ITC Hotels will be listed within 60 days from date of receipt of NCLT Order (i.e. December 16, 2024) as per SEBI Master Circular dated June 20, 2023. Other key highlights ...
Business Line3d
ITC Hotels plans global expansion post-demerger; listing expected by mid-February
ITC Hotels Ltd is set to expand internationally following its demerger from parent company ITC, with initial focus on neighbouring countries and West Asia, announced Chairman and Managing Director ...
Indiatimes3d
Demerger to push pace of growth: ITC Hotels MD
ITC Hotels, now a separate debt-free entity, aims for accelerated growth with its six brands. ITC Hotels plans to increase its room capacity to over 18,000 rooms across 200 hotels by 2030 through ...
Yahoo Finance13d
Indian conglomerate ITC's value adjusts 5% lower after hotels business spin-off
The ITC Hotels spin-off was effective Jan. 1, with ITC holding a 40% stake and the rest open to public shareholders. ITC shareholders will get one ITC Hotels share for every 10 ITC shares held.
ITC Hotels eyes overseas expansion post-demerger
ITC plans to expand its hotel business internationally, starting with neighboring countries and West Asia. The newly demerged ...
moneycontrol.com16d
ITC Hotels Demerger: Final boarding call to hop on before the D-day, here's all you need to know
The record date for the eagerly anticipated ITC Hotels demerger is January 6, marking today's session as the last date for investors to pick up ITC shares in order to receive ITC Hotels shares ...
Zee Business17d
On the ex-date for the spin-off, ITC stock will be part of the special pre-open session.
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 ...
Mint5d
New-age hotels go light to take on big chains
Juniper Hotels and Park Hotels—have listed on the stock exchanges. ITC Hotels will follow in February this year. And listed peers including Chalet Hotels and IHCL have rewarded investors with ...
NDTV3d
What ITC Chairman Sanjiv Puri Said About L&T Chief's 90-Hour Workweek Call
New Delhi: Weighing in on the 90-hour workweek controversy, ITC Ltd Chairman Sanjiv Puri said that it is more important for the workers to be aligned to the grander vision of the company rather ...
Mint2d
To split up or not? Conglomerates should never go by off-the-shelf answers
ITC Ltd finally gave in to shareholder pressure and hived off its hotels business. But many diversified companies and groups have successfully shrugged off investor calls to focus only on their ...
Zee Business17d
ITC shares gain nearly 1% after demerger of its hotels business into ITC Hotels effective today
Further in its exchange filing post market hours, ITC said that te entire shares held by it in companies including Fortune Park Hotels, Bay Islands Hotels Limited, Landbase India Limited, WelcomHotels ...