A special pre-open session was conducted on the stock exchanges between 9:00 AM and 9:45 AM to determine ITC Hotels' share price.

Cigarettes-to-consumer goods conglomerate ITC Ltd.’s shares fell as much as 5% from Friday’s close in a special price discovery session in Mumbai to adjust for the spinoff of its hotels division.

ITC Hotels Stocks, ITC Hotels demerger share price updates 6 Jan 2025: ITC shares in focus. ITC Hotels Ltd. will be demerged from ITC Ltd., with the record date for the company for demerger and the ex-date for the shares of ITC set at January 6.

Discover ITC Hotels' new share price on January 06 after demerger; Analysts expect initial price range around Rs 150-175.

January 6, 2025, was the 'record date' to finalise the eligible ITC shareholders who would receive shares of ITC Hotels once it gets listed on the NSE and BSE

The FMCG stock ITCs price was discovered at Rs 455.00 apiece on the record date of its demerger of ITC Hotels. However, this price is lower compared to its previous session by Rs 27.

After the special pre-opening session for ITC concluded at 10:00 am, its scrip on the BSE settled at a price of Rs 455 per share.

The special trading session revealed ITC's share price for its demerged hotel business, settling at Rs 455.60 on NSE. From January 1, 2025, ITC Hotel became independent, and shareholders received one ITC Hotel share for every 10 ITC shares.

On January 4, 2025, the stock exchanges BSE and NSE conducted a special pre-open session from 9:00 AM to 9:45 AM to determine the share price of ITC Hotels following the demerger of ITC’s hotel business.

ITC share price on NSE was adjusted by Rs 26 after ITC Hotels demerger on ex-date (January 6). ITC Hotels listing date is yet to be announced.

Following the record date for demerging ITC Hotels, ITC Ltd’s shares were adjusted by Rs 26 on NSE and Rs 27 on BSE, reflecting the separation. ITC will distribute 60% of ITC Hotels’ shares among existing ITC shareholders,