For the best experience use Mini app app on your smartphone
ITC hotel business demerger to be effective from Jan 1, 2025
short by Bhawana Chaudhary / on 17 Dec 2024,Tuesday
ITC fixed January 1, 2025, as the effective date for demerger of its hotel business after receiving an approval order from National Company Law Tribunal. The demerger was approved by shareholders in June. Following the demerger, ITC will retain 40% stake in ITC Hotels, with ITC shareholders acquiring the remaining 60% in proportion to their stake in the parent entity.
short by Bhawana Chaudhary / 04:45 pm on 17 Dec
For the best experience use inshorts app on your smartphone