ITC shares have remained under pressure post demerger of ITC Hotels, hitting a low of Rs 437.10 today. Should investors BUY, SELL or HOLD ITC shares? Goldman Sachs weighs in.

Following the record date for demerging ITC Hotels, ITC Ltd’s shares were adjusted by Rs 26 on NSE and Rs 27 on BSE, reflecting the separation. ITC will distribute 60% of ITC Hotels’ shares among existing ITC shareholders,

ITC Hotels demerger record date was today. The discovered price of ITC shares in special trading session on NSE was ₹455.60 apiece.

ITC Hotels Stocks, ITC Hotels demerger share price updates 6 Jan 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.

January 6th is a significant day for ITC shareholders, as the company will turn ex-date for its demerger of ITC Hotels business. A special trading session is being held on Monday, as ITC undergoes the adjustments of demerger of its hotels business.

The BSE and NSE conducted a special trading session to discover the price for ITC hotels business post demerger.

The special trading session revealed ITC's share price for its demerged hotel business, settling at Rs 455.60 on NSE. From January 1, 2025, ITC Hotel became independent, and shareholders received one ITC Hotel share for every 10 ITC shares.

January 6, 2025, was the 'record date' to finalise the eligible ITC shareholders who would receive shares of ITC Hotels once it gets listed on the NSE and BSE

ITC shares closed at Rs 455.60 on the NSE after the demerger of its hotels business came into effect on January 1, 2025. ITC Hotels will be listed separately and shareholders will receive one share of ITC Hotels for every 10 shares of ITC.

On January 4, 2025, the stock exchanges BSE and NSE conducted a special pre-open session from 9:00 AM to 9:45 AM to determine the share price of ITC Hotels following the demerger of ITC’s hotel business.