ITC share price adjusts by Rs 26 on NSE

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 Demerger Special Trading Session: When Will ITC Hotels List On BSE, NSE? Here's What You Should Know
January 6th is a significant day for ITC shareholders, as the company will turn ex-date for its demerger of ITC Hotels business. A special trading session is being held on Monday, as ITC undergoes the adjustments of demerger of its hotels business.
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.
ITC Demerger: BSE, NSE To Hold Special Session To Set ITC Hotels Share Price
Today, ITC shares will undergo a pre-opening session for price discovery between 9:00 AM and 9:45 AM, after which normal trading will resume at 10:00 AM. Eligible shareholders will receive shares of ITC Hotels in their accounts post the record date.
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: ITC shares to turn ex-date today; target prices, listing date & more
B&K Securities said the downside is limited for ITC Ltd, considering the enhanced prospects from cigarette business, value unlocking from demerger of hotels business and likelihood of paper business returning to normal growth from next quarter.
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