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ITC demerger news: BAT unlikely to have board representation in hotel biz, claims report

ITC is scheduled to host a meeting of the ordinary shareholders of the company on Thursday, June 6 at 10.30 am IST for the proposed demerger of ITC Hotels.

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ITC Hotels Demerger: ITC to hold meeting of ordinary shareholders on June 6 to approve scheme

The move comes following an order by the National Company Law Tribunal (NCLT) to convene a meeting of the ordinary shareholders of the company.

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'Focus is on sustainable and inclusive growth': Sanjiv Puri

ITC share price jumps after Q1 results, stock up 36% so far in 2023; should you buy? See what share market analysts recommend

ITC share price: ITC share price gained nearly 1% to touch an intraday high of Rs 457.40 on NSE today (August 16) after the company reported its Q1 results and approved the demerger of its hotels business. So far this year, ITC shares have rallied more than 36%, delivering multibagger returns. Watch this Visual Story to see whether you should buy the stock for more gains.

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