ITC Shares Priced at 459 Rupees

ITC Shares Priced at 459 Rupees After Hotel Unit Spinoff
Cigarettes-to-consumer goods conglomerate ITC Ltd.’s shares fell as much as 5% from Friday’s close in a special price discovery session in Mumbai to adjust for the spinoff of its hotels division.
ITC shares slip on hotel demerger record date
Shares of ITC declined by 2.75% to close at Rs 442.50 on Monday, on account of the record date for the demerger of its hotel business.
ITC Hotels’ Spin-Off Explained: Key Takeaways for Shareholders
ITC Hotels has officially been spun off from ITC, marking a significant milestone for the conglomerate. Shareholders now own ITC Hotels shares as part of the demerger plan, which promises value unlocking and sharper strategic focus for both entities.
ITC Shares Adjust after Hotels Biz Demerger
The BSE and NSE conducted a special trading session to discover the price for ITC hotels business post demerger.
ITC Demerger: Unveiling New Horizons for Hotel Business
The special trading session revealed ITC's share price for its demerged hotel business, settling at Rs 455.60 on NSE. From January 1, 2025, ITC Hotel became independent, and shareholders received one ITC Hotel share for every 10 ITC shares.
All you need to know about ITC Hotels demerger and special trading session
In a transformative move that marks a new chapter in its corporate journey, ITC Ltd. has officially demerged its hotel business into a standalone entity, ITC Hotels Ltd., effective January 1, 2025. The demerger will unlock value for shareholders,
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ITC Hotels Demerger Highlights: ITC shares trade ex-demerger, settle 2.75% lower on BSE
ITC Hotels demerger record date was today. The discovered price of ITC shares in special trading session on NSE was ₹455.60 apiece.
India's ITC falls 5% to "discover" price after hotels business spin off
Shares of ITC fell about 5% on Monday in a special trading session to "discover" its price after accounting for the foods to tobacco conglomerate spinning off its hotels business into a separate listed entity.
ITC Shares Dip 6% As Hotels Demerger Takes Effect
Indian Tobacco Company (ITC) stock price witnessed a sharp adjustment on Monday as the shares went ex-demerger, reflecting the separation of its hotels business. The record date determined the shareholders eligible to receive shares of ITC Hotels,
ITC Demerger: Shares Drop 6% After Hotel Business Spin-Off
ITC Ltd's share price dropped over 6% in early trading on January 4, 2025, following the spin-off of its hotel business into ITC Hotels.The cigarette-to-FMCG conglomerate’s shares settled at Rs 455 on BSE and Rs 455.
Indian conglomerate ITC's value adjusts 5% lower after hotels business spin-off
(Reuters) -Indian foods-to-tobacco group ITC's market value was adjusted lower by about 5%, or 325 billion rupees ($3.8 billion), in a special trading session on Monday to account for the spin-off of the conglomerate's hotels business.
ITC Demerger: Analysts remain optimistic amid strategic restructuring, see up to 29% upside potential in shares
ITC Hotels will become an independent entity post-demerger on January 1, 2025, allowing shareholders to retain full ownership ...
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ITC declines as stock trades post demerger of hotels business
With ITC Hotels splitting away from the parent ITC Ltd on the stock market, shares of the latter slipped on price discovery ...
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Why ITC Opted For Demerger Of Its Hotels Business — Explained
ITC Ltd. announced the demerger of its hotel business, effective January 1, 2025. The move aims to unlock value for ...
ITC Hotels Demerger Live Updates: BSE, NSE hold special session to discover ITC Hotels share price
ITC Hotels demerger record date is today. ITC share price will be in focus as the stock exchanges are holding a special ...