ITC Hotels shares listing: Stock settles with 30% discount to implied price at Rs 180 on NSE

Last year, ITC had decided to demerge its Hotel business into a separate listed entity to unlock value for shareholders. It fixed the demerger ratio at 1:10, which meant that shareholders holding 10 shares of ITC, as on January 6, 2025, will receive one share of ITC Hotels post the demerger.

Jan 29, 2025 - 01:30
 0  4
ITC Hotels shares listing: Stock settles with 30% discount to implied price at Rs 180 on NSE
Last year, ITC had decided to demerge its Hotel business into a separate listed entity to unlock value for shareholders. It fixed the demerger ratio at 1:10, which meant that shareholders holding 10 shares of ITC, as on January 6, 2025, will receive one share of ITC Hotels post the demerger.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow