Itc hotels demerger: ITC Hotels

ITC Hotels , the second-largest hotel chain in India, will spin off from ITC Ltd on January 1, 2025. Learn about the rationale, the process, and the prospects of this long-anticipated move. Apportionment of cost of acquisition of Ordinary Shares of ITC Limited and Equity Shares of ITC Hotels Limited Allotment of equity shares by ITC Hotels Limited Presentation on demerger of Hotels Business - update Demerger of the Hotels Business - Record Date The long-awaited demerger of Kolkata-based diversified conglomerate ITC ’s hotel business will come into effect today. The tobacco-to-hotel conglomerate has fixed January 6 as the record date for the spin off of its hotels business. ITC announces the demerger of its hotel business into ITC Hotels . Explore what this means for investors and the potential opportunities and risks involved.