ITC shares in focus as ITC Hotels set to list on stock exchanges tomorrow

ITC shares: ITC Hotels will be listed on stock exchanges on January 29, following its demerger from ITC. The move aims to attract investors aligned with the hospitality sector and unlock value for shareholders. ITC will retain 40% of ITC Hotels' shares, with the remaining 60% distributed among ITC shareholders. The listing is expected to position ITC Hotels as Indias second-largest hotel chain.