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,

Discover ITC Hotels' new share price on January 06 after demerger; Analysts expect initial price range around Rs 150-175.

After the special pre-open session for price discovery, ITC shares adjusted by Rs 27 per share on the BSE and Rs 26 on the NSE. Prashanth Tapse, Senior VP Research Analyst at Mehta Equities Ltd., shares his insights on the expected listing price of ITC Hotels and its potential target over the next year.

ITC Hotels demerger record date as on January 6 and ITC shares will turn ex-date for the demerger on that day. Hence, today is the last day to buy ITC shares to receive ITC Hotels shares following the demerger on the stock exchanges.

On January 4, 2025, the stock exchanges BSE and NSE conducted a special pre-open session from 9:00 AM to 9:45 AM to determine the share price of ITC Hotels following the demerger of ITC’s hotel business.

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.

I TC shares are now trading ex-demerger, which means the value of ITC shares are now ex-hotels business. At the end of a special trading session for the price discovery of ITC Hot