ITC informs about demerger of hotel business

18 Dec 2024 Evaluate
ITC has informed that the Company and ITC Hotels (ITCHL) have mutually agreed to fix Monday, 6th January, 2025 as the Record Date for the purposes of determining the shareholders of the Company to whom equity shares of ITCHL would be allotted in accordance with Clause 18 of the Scheme of Arrangement amongst ITC and ITC Hotels and their respective shareholders and creditors under Sections 230 to 232 read with the other applicable provisions of the Companies Act, 2013.

The above information is a part of company’s filings submitted to BSE.

ITC Share Price

406.90 1.85 (0.46%)
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Company Name CMP
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