ITC allots 125.11 crore shares of ITC Hotels to shareholders
Kolkata-based conglomerate ITC Ltd. has allotted 125.11 crore equity shares of ITC Hotels to its shareholders. The decision was finalized during a Board meeting on January 11, 2025, following a scheme of arrangement between ITC Ltd. and ITC Hotels (ITCHL). In an exchange filing, ITC stated, “The Board of Directors of ITCHL, at the meeting…