In a regulatory filing, ITC said that the Kolkata Bench of NCLT had sanctioned the scheme of arrangement between ITC Ltd., ITC Hotels Ltd., and their respective shareholders, earlier this October. "We advise that ITC Limited and ITC Hotels Limited have acknowledged that all the conditions specified in Clause 28 of the Scheme have been fulfilled and satisfied... the appointed date and the effective date of the scheme shall be the first day of the following month i.e. 1st January, 2025, in accordance with clauses 5.1(iii) and 5.1(xvi) of the scheme, respectively," the company said in an exchange filing.In June 2024, ITC shareholders approved the demerger of the conglomerate's hotel business. About 99.6% of shareholders voted in favour of demerger, while just 0.45% voted against it. The board members of ITC had on August 14 last year approved the demerger of its hotel business.

ITC Hotel demerger from January 1, 2025

42,2130,271,145,2067,3130

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The New Indian Express Kochi

New posters of Empuraan and Dheeram out on Indrajith's b'day

Wicked Part 2 gets title & release date

IT TAKES A VILLAGE TO USHER IN CHANGE

YOUNGEST-AT-IFFK TAG SERVES AS A COOL ICEBREAKER

'BANGLADESH WILL MOVE TOWARDS LIGHT'

Where sea debris turn art

Bullish Market

RAHUL AND JADEJA BRING ORDER AS INDIA TAIL WAGS

A quiet suburban corner that was home to a revered judge

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.