The demerger of ITC’s Hotel business spoiled the party of the ITC stock rally which has taken the stock up 70% in the past one year. So, what was it about the demerger that irked the investors? Is it simply a buy on buzz and sell on rally or are shareholders feeling short-changed with the scheme? Why is ITC still holding 40% in the demerged entity? In this episode of The Morning Brief podcast, host Kiran Somvanshi delves into the ITC demerger seeking answers from Dipak Haksar the former CEO of ITC Hotels and Manu Rishi Guptha, CEO and Founder - MRG Capital - SEBI Registered PMS who has made headlines with his critique of the cigarette king .