ITC share price adjusts ₹27 lower

ITC share price adjusts by Rs 26 on NSE as stock trades ex-demerger of hotels biz
Following the record date for demerging ITC Hotels, ITC Ltd’s shares were adjusted by Rs 26 on NSE and Rs 27 on BSE, reflecting the separation. ITC will distribute 60% of ITC Hotels’ shares among existing ITC shareholders,
ITC Share Price: BUY or SELL after ITC Hotels share demerger? Check TARGET
ITC share price on NSE was adjusted by Rs 26 after ITC Hotels demerger on ex-date (January 6). ITC Hotels listing date is yet to be announced.
ITC Hotels Demerger Live Updates: BSE, NSE hold special session to discover ITC Hotels share price
ITC Hotels demerger record date is today. ITC share price will be in focus as the stock exchanges are holding a special trading session to derive the ITC Hotels stock price.
ITC Hotels demerger: ITC special pre-open session underway; stock down
ITC Hotels' stock price will be determined by the difference between ITC's closing price on Friday and the opening price discovered during the special pre-open session (SPOS) today.
BSE, NSE to hold special session for ITC-ITC hotel demerger: What we know
The ITC Hotels' shares will not be listed on the NSE and BSE immediately after the record date, they are expected to list by mid-February 2025
ITC shares in focus as stock exchanges hold special session to set ITC hotels share price
ITC shares will be in focus as BSE and NSE hold a special pre-open trading session today for ITC Hotels shares, which are being demerged from ITC Ltd. Shareholders will receive 1 ITC Hotels share for every 10 ITC shares.
ITC Hotels demerger on January 6: Here's all you need to know
Announced in July 2023, the restructuring will see ITC retain a 40% stake in its hotel business, with the remaining 60% directly held by shareholders through a share swap. Shareholders will receive one ITC Hotels share for every 10 ITC shares they own.
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A special pre-open session was conducted on the stock exchanges between 9:00 AM and 9:45 AM to determine ITC Hotels' share price.
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