ITC share price adjusts by Rs 26 on NSE as stock trades ex-demerger of hotels biz

ITC Share Price: 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, retaining the remaining 40% in the company.