Why ITC share is falling after hotel demerger announcement
Shareholders seemed to be unhappy with demerger ratio as they would not get one share against each share they are holding in ITC.
itc demerger
July 2023
ITC board approves demerger of hotel biz
ITC will hold a stake of about 40% in the new entity and the balance shareholding of about 60% to be held directly by the company's shareholders
