Wednesday, March 13, 2024

London selling sparks Rs 43,000-crore rally: What BAT stake sale means for ITC shareholders

The stake sale in ITC is good news also because BAT is now unlikely to sell more shares in near future for it doesn't want its shareholding in ITC to fall below 25%. BAT's ownership in ITC has now fallen to 25.5% from 29% earlier.

from Economic Times https://ift.tt/3M5Ewdi

No comments:

Post a Comment

IREDA shares rise 1.1% as board announces meeting date for fund raise via QIP

IREDA shares rose by 1.1% to Rs 209.50 on news of a board meeting set for January 23, 2025, to approve fund-raising via Qualified Institutio...