ITC consolidates shareholding in Oberoi, Leela chains
The Free Press Journal - Bhopal|December 19, 2024
ITC Ltd, which is demerging its hotels business from January 2025, on Wednesday said it has acquired shareholding of rival hospitality chains Oberoi and Leela from its wholly-owned arm, Russell Credit Ltd.
PTI

"The company today acquired 2.44 per cent of the share capital (comprising 1.52 crore equity shares of Rs 2 each) of EIH and 0.53 per cent of the share capital (comprising 34.60 lakh equity shares of Rs 2 each) of HLV from RCL," ITC said in a regulatory filing.

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