Post demerger , ITC Hotels will have a strong debt-free balance sheet with ₹11,000 crore of total assets (including ₹1,000-1,500 crore of net cash). Multidiversified conglomerate ITC has received all regulatory approval to split off its hotel business into a separate listed entity, which will ... ITC Hotels , the second-largest hotel chain in India, will spin off from ITC Ltd on January 1, 2025. Learn about the rationale, the process, and the prospects of this long-anticipated move. Apportionment of cost of acquisition of Ordinary Shares of ITC Limited and Equity Shares of ITC Hotels Limited Allotment of equity shares by ITC Hotels Limited Presentation on demerger of Hotels Business - update Demerger of the Hotels Business - Record Date ITC announces the demerger of its hotel business into ITC Hotels . Explore what this means for investors and the potential opportunities and risks involved.
