ITC Hotels Demerger

ITC Hotels' demerger aims to unlock value for stakeholders by creating a separate entity

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Such demergers are processed under Section 230-232 of the Companies Act, 2013

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Shareholders of ITC will receive shares in the newly formed ITC Hotels subsidiary

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Demergers allow companies to focus on core business activities more effectively

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Tax implications of the demerger are governed by the Income Tax Act, 1961

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Regulatory approvals from SEBI and NCLT are mandatory for such demergers

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ITC's decision reflects a trend of companies restructuring for operational efficiency

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Demergers also attract investors by offering direct exposure to specific sectors

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Legal challenges in demergers often arise over valuation and shareholder agreements

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Analysts expect the ITC Hotels demerger to boost the hospitality sector in India

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