demerger

ITC Hotel Business Demerger: The scheme of arrangement shall be placed for approval of the board at its next meeting to be convened on August 14, 2023ITC will hold about 40 per cent stake in ITC Hotels and the balance shareholding of about…

The demerger of the hotels business of ITC Limited into a separate entity will boost the capital efficiency ratios of the diversified conglomerate, equity analysts said on Monday. ITC on Monday announced that the board of the company has…

Last Updated: July 25, 2023, 11:36 ISTITC Share Price Today: ITC Shares fell as much as 3.3 per cent on Tuesday, extending a slide from the previous session, as investors balked at the company’s plans to retain a 40 per cent stake in its…

ITC shares have increased over 40% so far this year.ITC shares declined nearly 6% in the three sessions after the company announced a proposal to demerge the hospitality business into a separate company named ITC Hotels Ltd. Snapping…

As JFSL is being spun out of Reliance Industries, the share price of Reliance Industries will have to be adjusted accordingly.Jio Financial Services Demerger: Here are some frequently asked questions for investorsThe demerger of Jio…

A special 1-hour trading session in Reliance Industries shares will be held on the NSE on Thursday to discover its price as the company hives off its financial services arm. Here’s how a special price-discovery process works and what to…

As JFSL is being spun out of Reliance Industries, the share price of Reliance Industries will have to be adjusted accordingly.Reliance shareholders are set to get one share of Jio Financial Services for holding one share of RelianceShares…

Billionaire Mukesh Ambani's Reliance Industries, India's most valuable company, will demerge its financial services business on today as part of a move to unlock value. A man walks across the LED board showing the logo of…

Reliance Strategic Investments will allot one fully paid-up equity share of RSIL of face value of Rs 10 each, for every one share of Reliance Industries as of the record date.Hitesh Kumar Sethi Appointed MD & CEO; Isha Ambani, Anshuman…

Mumbai: The Mumbai bench of the…