ITC SHARE LATEST NEWS 💥 ITC HOTEL DEMERGER SHARE SPLIT RATIO • ITC DIVIDEND EX DATE • SHARE ANALYSIS
ITC SHARE LATEST NEWS 2024ITC DEMERGER SHARE SPLIT RATIO
ITC's hotel business demerger: The Competition Commission of India (CCI) has approved ITC Ltd’s demerger of its hotel business into ITC Hotels Ltd. Shareholders will receive one ITC Hotels share for every 10 ITC shares. ITC shareholders will hold a 60% direct stake in ITC Hotels. A shareholder meeting is set for June 6, 2024, to finalize the demerger.
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