Searched for
ITC HOTELS BAT
ITC's business with BAT grows 10% to Rs 1,587 crore in FY26, but dividend payout falls 9%ITC's business with major shareholder British American Tobacco (BAT) saw a 10% expansion in sales to Rs 1,587 crore in FY26, though dividen...- ITC Hotels shares in focus as BAT offloads 9% stake through Rs 3,856 crore block dealsBritish American Tobacco’s affiliates sold a 9% stake worth about ₹3,856 crore through major block deals, drawing top global investors. The...
- ITC Hotels block deals: HCL Capital snaps up Rs 2,998 crore worth shares; ADIA, Morgan Stanley join marquee buyersHCL Capital Private Limited emerged as the largest acquirer of British American Tobacco's (BAT) stake in ITC Hotels, buying 14.58 crore sha...
- ITC Hotels shares slide 2% after BAT offloads Rs 3,856 crore stake in block dealITC Hotels shares dipped Friday as British American Tobacco (BAT) reportedly sold a 9% stake for approximately Rs 3,856 crore. This move al...
- BAT to offload ITC Hotels shares worth Rs 2,948 crore via a block dealBritish American Tobacco plans to sell approximately 7% of ITC Hotels shares, valued at around ₹2,948 crore, via a block deal on December 5...
- British American Tobacco plans to offload up to 15.3% stake in ITC Hotels via block dealBAT announced that its wholly-owned subsidiaries, Tobacco Manufacturers (India) Limited, Myddleton Investment Company Limited and Rothmans ...
- ITC Hotels to cross 220 properties by 2030 as room demand outpaces supply, says Sanjiv PuriITC Hotels anticipates robust growth, exceeding its target with over 220 operational hotels by 2030, driven by increasing demand and infras...
- British American Tobacco awaiting RBI approval to check out of ITC HotelsBritish American Tobacco (BAT) awaits RBI approval to sell its 15.29% stake in ITC Hotels, a holding dating back to the early 1900s. CEO Ta...
- BAT bets big on India again, as ITC seeks to expand tobacco trade dealITC's raw tobacco sales to British American Tobacco (BAT) surged by 35% to ₹1,445 crore in FY25, accompanied by a near doubling of advances...
- BAT may begin phased stake sale in ITC Hotels: SourcesBritish American Tobacco is preparing to sell its 14.55% stake in ITC Hotels following the demerger from ITC Limited, which took effect on ...
- ITC Hotels stock in focus as BAT plans to exit stake by 2026BAT plans to divest its 15.3% stake in ITC Hotels by 2026, stating it has no long-term interest in the sector. ITC Hotels, which recently a...
- BAT to check out of ITC's demerged hotels businessBritish American Tobacco (BAT) intends to divest its stake in ITC's soon-to-be demerged hotel business and explore options for unlocking sh...
- BAT unlikely to bat on the board of ITC's hotels bizITC's hotel business will not have any board representation from its largest shareholder, BAT, according to a demerger document. BAT will o...
- ITC exploring hotel business expansion opportunity in Nepal, Sri Lanka, Middle EastChairman and managing director Sanjiv Puri said ITC is looking to add more than 70 hotels over the next five years in India, mostly through...
- Not keen to dilute any more of remaining 25.51% stake in ITC: BAT CEO“ITC is transforming itself, making a number of investments and divesting the hotel business which we supported. We want to have a say in t...
- BAT to sell 3.5% stake in ITC via block dealITC's largest shareholder BAT Plc on Tuesday said in a statement that its wholly-owned subsidiary Tobacco Manufacturers (India) Ltd will se...
- ITC’s largest shareholder open to cutting stake after stock doubles in 2 yearsLast week, ITC became the world's third-largest tobacco company in market capitalisation terms following a sell-off in BAT shares, which ar...
- Diluting stake in ITC Complex, says its largest shareholderBritish American Tobacco (BAT), the largest shareholder in ITC with a 29.02% stake, is open to paring its stake in the Indian conglomerate ...
- ITC clarifies it won't buy stake in hotels if BAT wants an exit after demergerThe world's largest tobacco company, British American Tobacco (BAT) which owns 29% stake in ITC, would end up owning about 17.4% stake in I...
- Why ITC chose not to demerge hotels in Mukesh Ambani's buy 1 get 1 styleAfter Ambani's 'buy 1 get 1 offer' for shareholders of Reliance Industries (demerger ratio of 1:1), investors were expecting ITC also to op...
Load More
