ITS Shares Gain 1.7% as Shareholders Approve Demerger Plan – Equitypandit
Shares of ITC Ltd were trading in the green and 1.7% higher on 6 June after the company’s shareholders approved the demerger of its hotels business. Around 99.6% shareholders of the company voted towards the demerger whereas the remaining 0.4% voted against this plan. In its regulatory filing, the company said, “The resolution for approval…