ITC ups stake in Oberoi Group & Leela Mumbai ahead of hotel arms Jan 1 demerger – Times of India
NEW DELHI: ITC has increased its stake in Oberoi Hotel parent EIH by acquiring an additional 2.44%. As on Sept 2024, ITC’s stake in EIH was 13.69% which now goes up to 16.13%. Additionally, ITC has also picked up an additional 0.53% stake in HLV Ltd, which is synonymous with The Leela Mumbai, taking its…