ITC fixes Jan 6, 2025 as record date for allotment of shares in ITC Hotels Ltd

ITC Ltd and ITC Hotels Limited (ITCHL) have mutually agreed to fix Monday, 6th January, 2025 as the Record Date for the purposes of determining the shareholders of the Company to whom equity shares of ITCHL would be allotted in accordance with Clause 18 of the Scheme of Arrangement amongst ITC Limited and ITC Hotels Limited and their respective shareholders and creditors under Sections 230 to 232 read with the other applicable provisions of the Companies Act, 2013.

Shares of ITC Limited was last trading in BSE at Rs. 470.65 as compared to the previous close of Rs. 469.85. The total number of shares traded during the day was 468245 in over 15563 trades.

The stock hit an intraday high of Rs. 473.95 and intraday low of 467.00. The net turnover during the day was Rs. 220302346.00.

Source : Equity Bulls

Keywords

ITC INE154A01025 ITCHotels Demerger RecordDate