- ITC Hotels demerger is a win-win for everybody: Sanjiv Puri’
The last couple of years have also seen the opening of 32 new hotels,
including new formats such as Storri and Mementoes.
from: Fortune India
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- 1:10 Split, 3 Bonus, 29 Dividends: Right Time To Buy FMCG Giant ITC Stock?
Big Demerger, Acquisition Update
The company made a big demerger update of its much-awaited hotels business,
and also announced the acquisition of EIH and HLV.
from: Goodreturns
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- ITC ups stake in Oberoi Group & Leela Mumbai ahead of hotel arms Jan 1
demerger
India Business News: ITC bought more shares of EIH, the parent company of
Oberoi Hotels. ITC's stake in EIH is now 16.13%.
from: Times of India
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- ITC hikes stake in EIH and HLV
Post such acquisition, the Company's shareholding in EIH and HLV aggregates
16.13% and 8.11%, of their paid-up share capital, respectively.
from: Business Standard
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- Demergers to watch out for in 2025: ITC, Vedanta, 3 others
Diversified conglomerates ITC and Vedanta are among five companies which
are set to demerge some part of their businesses in 2025. A few of...
from: The Economic Times
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- ITC Expands Hospitality Portfolio With Stakes In EIH, Leela Mumbai
In a strategic move to strengthen its presence in the luxury hospitality
sector, ITC has acquired a 2.44 per cent stake in EIH and a 0.53...
from: BW BusinessWorld
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- ITC announces effective date for its hotel business demerger
The company's shareholders showed overwhelming support for the demerger in
June this year.
from: Yahoo Finance
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- ITC share price: Should you BUY ahead of ITC Hotels demerger record date?
ITC share price: ITC Limited has set January 6, 2025, as the record date
for the demerger of ITC Hotels. The company also acquired a 2.44%...
from: ET Now
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- EIH shares in focus after ITC acquires 2.44% stake
Shares of luxury hospitality company EIH Limited will be in focus on
Thursday after ITC acquired a 2.44% stake in the company,...
from: The Economic Times
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