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ITC divests entire stake of Espirit Hotels

08 Apr 2023 Evaluate

ITC has divested its entire shareholding of 4,65,09,200 Equity Shares of Rs 10 each i.e. 26% of the paid-up share capital held in its Joint Venture Company Espirit Hotels. Consequent to the said transaction, Espirit has ceased to be the company’s Joint Venture Company.

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agribusiness, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

Peers
Company Name CMP
ITC 260.25
Godfrey Phillips Ind 1928.00
VST Industries 204.05
Indian Wood Products 33.86
NTC Industries 134.70
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