British American Tobacco plans to sell approximately 7% of ITC Hotels shares, valued at around ₹2,948 crore, via a block deal on December 5. The sale, which represents a portion of BAT’s 15.3% stake, will occur at a floor price of ₹205.6 per share. This secondary transaction follows ITC Hotels’ demerger from ITC Limited.
New fund offers: 1 mutual fund and 1 SIF to open for subscription this week. Check details
One mutual fund and one specialised investment fund (SIF) will open for subscription this week, offering investors exposure to passive and hybrid long-short strategies. HSBC