ITC shares slip over 5% after BAT's Rs 11,600 crore stake sale...

Dununu.com Dununu

Sponsored

ITC shares slip over 5% after BAT's Rs 11,600 crore stake sale plan

RSS Feed Business

Posted

89

ITC shares experienced a decline of over 5% following reports that British American Tobacco (BAT), the largest shareholder, plans to sell a 2.3% stake in the company through a block deal valued at over Rs 11,600 crore. This sale will reduce BAT's holding in ITC to 23.1%, with the Indian government becoming the largest shareholder group.

Read Full Article

Please log in to like, share and comment!

Ajay reacts to casting daughter Nysa for Kajol starrer Maa

Ajay Devgn and Kajol's daughter, Nysa Devgn, enjoys considerable social media attention, sparking...

By 0 3

How international students boost local economies and job markets in the US

By 0 7

India-Nepal tensions grow over Kanchenjunga climb; Sikkim CM urges Delhi to pressure Nepal

KATHMANDU: Tensions between Nepal and India may intensify following a recent summit of...

By 0 18

Why Harvard has a strong chance to prevail over Trump in immigration lawsuit challenging student visa rules

By 0 20

Internet user density reaches 144.23 percent

KATHMANDU: The density of internet users in Nepal has reached 144.23 percent, according to the...

By 0 20