Tourism Breaking News
After a detailed process, the much-awaited de-merger of ITC Hotels finally took place on 6 January. ITC would retain a 40 per cent stake in the hotel business, while the remaining 60% would be distributed to shareholders through rights entitlements. Shareholders will receive one ITC Hotels share for every 10 ITC shares held.
Read More »Finally, ITC Hotels witnesses de-merger, to retain 40% of hotel shareholding
