Following the demerger of ITC Hotels from ITC Ltd, Nuvama expects an outflow of approximately $180 million due to the corporate action. The passive flow for Nifty50 is projected at $110 million, while for Sensex,

Last year, cigarette-to-hotels conglomerate ITC Ltd announced to demerge its hotel business into an independent entity — ITC Hotels. According to the demerger plan, January 6, 2

ITC Ltd. announced the demerger of its hotel business, effective January 1, 2025. The move aims to unlock value for shareholders by providing direct access to ITC Hotels, while allowing ITC to focus on its high-margin businesses.

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.

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 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.

ITC share price on NSE was adjusted by Rs 26 after ITC Hotels demerger on ex-date (January 6). ITC Hotels listing date is yet to be announced.

I TC shares are now trading ex-demerger, which means the value of ITC shares are now ex-hotels business. At the end of a special trading session for the price discovery of ITC Hot