neutral
10 days agoITC Hotels Shares Trade Flat After 9% Stake Sale, Likely by BAT
Shares of ITC Hotels traded flat after a large block deal in which 18.75 crore shares, representing about 9% of the company’s equity, changed hands for ₹3,856 crore. The shares were transacted at ₹205.65 each. British American Tobacco (BAT) is likely the seller, as part of its strategy to reduce debt and exit a non strategic asset. BAT, the second-largest shareholder in ITC Hotels, had inherited its stake during ITC’s demerger of the hotels business earlier this year.
Companies:
- ITC Hotels
- British American Tobacco
Tags:
- ITC Hotels
- BAT
neutral
10 days agoITC Hotels Shares Trade Flat After 9% Stake Sale, Likely by BAT
Shares of ITC Hotels traded flat after a large block deal in which 18.75 crore shares, representing about 9% of the company’s equity, changed hands for ₹3,856 crore. The shares were transacted at ₹205.65 each. British American Tobacco (BAT) is likely the seller, as part of its strategy to reduce debt and exit a non strategic asset. BAT, the second-largest shareholder in ITC Hotels, had inherited its stake during ITC’s demerger of the hotels business earlier this year.
Companies:
- ITC Hotels
- British American Tobacco
Tags:
- ITC Hotels
- BAT
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ITC Hotels shares saw limited movement following a large stake sale, likely by BAT, aimed at reducing debt and exiting a non-strategic asset.
Shares of ITC Hotels traded flat after a large block deal in which 18.75 crore shares, representing about 9% of the company’s equity, changed hands for ₹3,856 crore. The shares were transacted at ₹205.65 each. British American Tobacco (BAT) is likely the seller, as part of its strategy to reduce debt and exit a non strategic asset. BAT, the second-largest shareholder in ITC Hotels, had inherited its stake during ITC’s demerger of the hotels business earlier this year.
Shares of ITC Hotels traded flat after a large block deal in which 18.75 crore shares, representing about 9% of the company’s equity, changed hands for ₹3,856 crore. The shares were transacted at ₹205.65 each. British American Tobacco (BAT) is likely the seller, as part of its strategy to reduce debt and exit a non strategic asset. BAT, the second-largest shareholder in ITC Hotels, had inherited its stake during ITC’s demerger of the hotels business earlier this year.
Companies:
- ITC Hotels
- British American Tobacco
Tags:
- ITC Hotels
- BAT
- ITC Hotels
- BAT
- block deal
- share sale
- debt reduction
- ITC demerger
Dec 5, 2025 • 06:20