ITC Limited — Dividend/Bonus, 18-12-2024: Record Date

The company has announced a board meeting on 6th January 2025 to fix the record date for the demerger of its Hotels Business into ITC Hotels Limited. This record date will determine the shareholders eligible for the allotment of equity shares in the new entity, based on the Scheme of Arrangement. This strategic move is expected to streamline operations and potentially enhance shareholder value, creating a more focused business structure.