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DEMERGED HOTELS BUSINESS
ITC dividend alert! Last date to buy FMCG major’s shares for Rs 8 dividend. Do you own?ITC has set May 27 as the record date for its final dividend of Rs 8 per equity share for FY26, making today the last chance for investors ...
Vedanta demerger: What recent large demergers of Tata Motors, ITC and others tell us about possible listing timeline?Vedanta's mega demerger has created four new entities, with investors eagerly awaiting their stock market listings. Drawing parallels from ...
ITC has paid dividends worth Rs 90 per share since 2020. Should you buy?ITC has announced a final payout of Rs 8 per share for FY26, taking its total distribution since 2020 to Rs 90.5 per share. The FMCG giant ...
Vedanta demerger: When will the four new stocks list on NSE, BSE? Here's what investors can expectVedanta’s demerger has left investors awaiting the listing of its four newly carved-out entities, even as the parent stock continues to ris...
Vedanta demerger: When will the four new stocks list on BSE, NSE? Here’s what recent demergers indicateMining giant Vedanta is set to demerge four businesses into separate listed entities, with May 1 as the record date. Shareholders will rece...
Lemon Tree Hotels shares soar 13%. What’s keeping traders active?Lemon Tree Hotels' shares surged over 13% following the announcement of its expansion into Gujarat with a new hotel signing. This move, par...
ITC Hotels shares to list on Wednesday. Here's what to expectShares of ITC Hotels, the demerged hospitality unit of ITC Ltd, will list on January 29. Shareholders receive one ITC Hotels share for ever...
ITC to transfer Rs 1,500 crore to its demerged hotel unitITC Ltd will transfer Rs 1500 crore cash to its demerged hotel business, ITC Hotels, for growth and contingencies. ITC Hotels will receive ...
ITC Hotels Demerger: Record date announcedITC Ltd. has finalized January 6, 2025, as the record date for the demerger of its hotels business, ITC Hotels Limited. The demerger, effec...
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...
ITC shareholders approve demerger of ITC Hotels with 99.6% majorityAt a meeting held on Thursday, an overwhelming majority of 99.6% of shareholders approved the resolution of demerger of the hotels business...
ITC hotel demerger plan gets competition watchdog's approvalThe Competition Commission of India (CCI) has approved the demerger of ITC Ltd's hotel business into a separate entity, ITC Hotels Ltd. The...
Minority shareholders to benefit from ITC Hotels demerger: Proxy advisory firms"The structure will enable ITC Hotels to operate with an optimal capital structure with the ability to access capital to fund its growth re...
ITC Demerger: IiAS advises shareholders to vote against splitting of hotels businessIiAS does not see any substantial value unlocking for ITC’s hotel business and thus recommends shareholders to vote against the proposed de...
ITC to seek shareholder approval on June 6 for hotels biz demergerAs part of the demerger, which will unlock value for its 36 lakh shareholders and also improve the capital allocation of the parent company...
ITC Hotels Demerger: ITC to hold meeting of ordinary shareholders on June 6 to approve schemeThe move comes following an order by the National Company Law Tribunal (NCLT) to convene a meeting of the ordinary shareholders of the comp...
ITC Hotels Demerger: Shareholders to get 1 share of ITC Hotels for every 10 shares of parent coAfter the demerger is completed following approval from shareholders, creditors, stock exchanges, Sebi, NCLT and other regulatory authoriti...
Demerger not to affect synergies between ITC's other businesses and hotels, says analystsThe proposed demerger of the hotels division of ITC into a separate entity will not affect synergies with other business lines of the congl...
ITC board gives in-principle nod for demerger of hotels businessITC's board has given an in-principle nod for the demerger of its hotels business. ITC currently has over 120 hotels and 11,600 keys across...
Demerger of hotel biz will boost capital efficiency ratios of ITC : AnalystsITC Limited's board has given approval to demerge its hotels business into a separate entity, boosting capital efficiency and giving shareh...