Itc hotels demerger: ITC Hotels

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. The demerger , effective January 6, 2025, creates a standalone entity for ITC ’s hospitality division, allowing both ITC and ITC Hotels to pursue distinct growth trajectories. The long-awaited demerger of Kolkata-based diversified conglomerate ITC ’s hotel business will come into effect today. The tobacco-to- hotel conglomerate has fixed January 6 as the record date for the spin off of its hotels business. According to the demerger scheme, ITC Hotels will now be a separately listed entity from its parent ITC Ltd. ITC announces the demerger of its hotel business into ITC Hotels . Explore what this means for investors and the potential opportunities and risks involved.