Itc demerger: And their respective shareholders and creditors

and their respective shareholders and creditors for the proposed demerger of the Hotels Business of ITC Limited into ITC Hotels Limited, as set out in the ITC Hotels demerger ratio is 1:10, which means 1 share of ITC Hotels for every 10 shares of ITC Ltd. ITC shareholders whose names will appear in the company’s books as on January 6 record date ... ITC Hotels Demerger : In August 2023, FMCG behemoth ITC revealed intentions to spin off its hotel division into a separate company. Under the proposal, ITC will maintain 40% ownership of ITC Hotels, with the remaining 60% given to ITC shareholders based on their holdings. ITC Hotels Stocks, ITC Hotels demerger share price updates 6 Jan 2025: ITC shares in focus. ITC Hotels Ltd. will be demerged from ITC Ltd., with the record date for the company for demerger and ...