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