No immediate plan to sell part of SUUTI stake in ITC: DIPAM

New Delhi: The government has no immediate plan to sell a part of its stake in ITC that is held through Specified Undertaking of the Unit Trust of India (SUUTI), Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey said on Wednesday.

SUUTI held a 7.82% stake in the diversified conglomerate ITC as of December 31, 2023. SUUTI had last diluted 2% of its stake in ITC in February 2017.