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ITC acquires shares of The Oberoi, The Leela Mumbai operator ahead of Jan 2025 demerger date
FMCG giant ITC has acquired the shares of luxury hotel chain The Oberoi and The Leela Mumbai operator. With this, ITC Limited’s shareholding in both the companies – EIH and HLV Limited - has ...
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ITC Hotels' Spinoff Takes Effect: What it Means for India's Hospitality Market
It also increased its stake in Hotel Leela Venture (HLV), which owns and operates The Leela Mumbai, by 0.53%. Post these acquisitions, ITC holds over 16% shares in EIH and over 8% in HLV.