NEW DELHI: The per share price of ITC Hotels, whose demerger from parent company ITC has been approved by the conglomerate’s board, could end up being above the Rs 100-mark going by 1:10 share entitlement ratio and how the hotels business is being valued by investors currently.
ITC shareholders will have to wait till next year’s Diwali in November 2024 for the new stock to get listed on stock exchanges. As part of the demerger plan, which will not only unlock value for its 36 lakh shareho …
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