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ITC expects demerged hotels entity to flourish, backed by parent s 40% stake

ITC’s 40 percent stake will help instill a strong brand value, resonating goodwill, and offer a sense of stability and security to all stakeholders and employees involved, the company said.

itc: Proposed demerger of the hotel business will improve the financial return ratios of ITC Ltd, says ITC chairman

ITC s demerger of its hotels business into a new entity will help improve the conglomerate s financial ratios through reinforced capital allocation, while still retaining institutional synergies between the hotels and fast moving consumer goods business, said chairman Sanjiv Puri.

Demerger of hotels business will lead to efficiency in capital allocation: ITC

Demerger of hotels business will lead to efficiency in capital allocation: ITC
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Sanjiv Puri reappointed as the MD & chairman at ITC Limited

Sanjiv Puri has been reappointed as the Managing Director (MD) and Chairman of ITC Limited. The company has recommended an annual general meeting to seek shareholder consensus on his reappointment, effective from July 22, 2024.

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