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Reputation: 642,681  •  Aug 16, 2023 4:01 PM
How to value ITC Hotel business? Vishal Gada explains
How to value ITC Hotel business? Vishal Gada explains
Actually it does not matter what is the share entitlement ratio and let me explain you why. See, this is a demerger where all the shareholders of ITC will have direct and indirect 100% economic ownership in the new ITC Hotels business. So what the company is doing is that they are demerging the ITC Hotels into a separate wholly owned subsidiary.
The Economic Times

https://economictimes.indiatimes.com/markets/expert-view/...
#INDHOTEL #MHRIL #ITC

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NSE:INDHOTEL price when posted: 384.3