Searched for
ITC DEMERGER NEWS
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...- ITC shares in focus as ITC Hotels set to list on stock exchanges tomorrowITC shares: ITC Hotels will be listed on stock exchanges on January 29, following its demerger from ITC. The move aims to attract investors...
- ITC Hotels demerger could lead to passive outflow of $180 million: NuvamaFollowing the demerger of ITC Hotels from ITC Ltd, Nuvama expects an outflow of approximately $180 million due to the corporate action. The...
- ITC share price uptrend aging as demerger date nears: Anand JamesAn uptrend is currently in motion, but it is losing momentum and is expected to slow down. The ongoing uptrend may face resistance in the c...
- ITC Hotels demerger to come into effect from January 1, 2025Kolkata-based diversified conglomerate ITC announced on Tuesday that the demerger of ITC Hotels will take effect from January 1, 2025, as a...
- ITC shares rise over 2% as NCLT approves demerger of hotel businessITC Share Price: Shares of ITC rose 2.2% to Rs 514.8 after the NCLT approved the demerger of its hotel business. The Kolkata bench of the N...
- 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 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...
- London selling sparks Rs 43,000-crore rally: What BAT stake sale means for ITC shareholdersThe stake sale in ITC is good news also because BAT is now unlikely to sell more shares in near future for it doesn't want its shareholding...
- 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...
- 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...
- Why Mahantesh Sabarad is bullish on ITCSome of the IPOs, the hospital IPO Yatharth that you talked about are ones which really bring in value to the table for many of the investo...
- Realty booming but prefer to play it through building materials & home financiers: Pawan ParakhRenaissance Investment's Fund Manager, Pawan Parakh, is bullish on the real estate sector but prefers to invest via building material and h...
- 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...
- ITC shares down 7% in 2 days. Is hotel demerger fine print really that bad?Other than the typical market behaviour of 'buy the rumour, sell the news', the single biggest stress point for investors has been the fact...
- ITC hotels demerger to unlock value for 30 lakh shareholders. But what disappointed investors?After rallying over 40% in the last 6 months, ITC shares ended about 4% lower at Rs 470.90 on BSE after the FMCG major announced that it'll...
- ITC fails to fully check out of the hotels business, Street not amusedHowever, in a behaviour typical of the markets of buying on rumours and selling on news, the ITC stock that had hit a record high of ₹499.6...
- Why is ITC stock reacting negatively to demerger news? Abneesh Roy answers“ITC FMCG business has become large and it is free cash flow positive. Tobacco business volume growth is not bad at all, given that they ar...
- ITC shares rally 3% to fresh peak. What's the trigger?The Kolkata-based ITC is said to be exploring alternate structures for its hotel business in line with industry dynamics, according to a TV...
- ITC in talks to buy RDB's cigarette bizCigarette-to-hospitality major ITC may buy the de-merged cigarette division of Kolkata-based RDB Industries in a deal worth Rs 300-350 cror...
Load More
