
ITC Acquires Stakes in Oberoi and Leela Amid Hotel Demerger
- ITC Ltd has acquired 2.44% of EIH and 0.53% of HLV from its subsidiary, Russell Credit Ltd, increasing its stakes to 16.13% and 8.11% respectively.
- The demerger of ITC's hotel business is set for January 2025, creating ITC Hotels Ltd...