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ITC Hotels gets nod to incorporate wholly owned subsidiary in Dubai

26 Oct 2026 Evaluate

ITC Hotels has received approval for the incorporation of a wholly owned subsidiary of the company in Dubai, United Arab Emirates. The proposed entity will be engaged in the business of operating hotels and restaurants, and other related activities.

The Board of Directors of the company, at the meeting held on October 26, 2026, has approved the same.

ITC Hotels is engaged in the business of owning, operating, managing and franchising hotels and resorts and is focused towards enabling authentic indigenous experiences for its guests, which are in harmony with the environment and society.


Peers
Company Name CMP
The Indian Hotels Co 795.75
ITC Hotels 172.65
Mahindra Holi.&Resor 184.60
EIH 288.50
Chalet Hotels 793.40
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