The scheme of arrangement was approved by the Kolkata bench ... including offices and staff housing related to the hotels business, will be transferred to ITCHL. "ITC demerges hotels business ...

ITC Ltd, a Kolkata-based multinational conglomerate ... As part of the demerger all hotel-related properties, assets, staff, and contracts will be transferred to ITC Hotels.

Kolkata: ITC Hotels will have its 9th property in Bengal, in the suburbs of Kolkata. The hotel giant has already signed a management contract for a resort with South City Projects. It has ...

ITC Narmada in Ahmedabad and ITC Royal Bengal in Kolkata will take the inventory up to 15 hotels, over the next four years, thestatement added. The original establishment in Chennai was named ...

The meeting was called pursuant to the directions of the Kolkata Bench of the National Company Law Tribunal (NCLT) dated April 22, 2024. Last year in July, ITC announced demerging its hotel ...

In a regulatory filing, ITC said that the Kolkata Bench of NCLT had sanctioned the scheme of arrangement between ITC Ltd., ITC Hotels Ltd., and their respective shareholders, earlier this October.

Earlier in October this year, the Kolkata bench of the NCLT had approved the demerger between ITC Limited and ITC Hotels Limited. “Further to our letter dated 5th October, 2024, we write to ...

ITC said its hotels business clocked its best-ever Q1 at Rs 600 crore. "Resulting company is proposed to be listed on the BSE and the National Stock Exchange of India," it said. Earlier on July 24, ...

Kolkata-based diversified conglomerate ITC Ltd announced on Monday that ITC Hotels, which was recently spun off from the parent company, will be listed on the stock exchanges on January 29.

Kolkata-headquartered conglomerate ITC recently provided an indicative 15-month timeline for its proposed-to-be-demerged hotels company to be listed on the bourses and 1:10 share entitlement ratio ...