ITC Hotels may list in 9 months, board decision likely on August 14

ITC is planning to list ITC Hotels in the next six to nine months, people familiar with the developments told ET. The next course of action is likely to be taken in the board meeting to be held on August 14, the people said. In a response to ET’s queries, ITC did not comment on whether it plans to list ITC Hotels in the next six to nine months but cited an intimation to the stock exchanges from July 24 that states that the scheme of arrangement shall be placed for approval of the board at its next meeting to be convened on August 14.

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