Tobacco Manufacturers (India) Limited along with Myddleton Investment Company Limited and Rothmans International Enterprises Limited have sold equity shares of ITC Hotels Limited. The transaction involved the disposal of 18,75,00,000 shares, representing 9.00% of the total share capital. Following the sale, Tobacco Manufacturers holds 13,07,76,269 shares, or 6.28% of the equity in ITC Hotels.
Share Disposal in ITC Hotels
Tobacco Manufacturers (India) Limited, Myddleton Investment Company Limited, and Rothmans International Enterprises Limited have collectively executed a sale of equity shares in ITC Hotels Limited. The details of the transaction, as per the disclosure, indicate a strategic shift in investment holdings by the involved parties.
Details of the Share Sale
The total number of shares disposed of amounted to 18,75,00,000, which translates to 9.00% of the total share/voting capital of ITC Hotels. The sale was executed on December 5, 2025. This move impacts the overall shareholding structure of ITC Hotels.
Pre and Post Transaction Holdings
Prior to this transaction, the combined holdings of Tobacco Manufacturers (India) Limited, Myddleton Investment Company Limited and Rothmans International Enterprises Limited was 31,82,76,269 shares, representing 15.28% of the total share/voting capital. Post-transaction, Tobacco Manufacturers (India) Limited holds 13,07,76,269 shares which is 6.28% of ITC Hotels.
Impact on Share Capital
Before and after the sale, the equity share capital/total voting capital of ITC Hotels remains at 2,08,27,19,588 equity shares of ₹1 each. The total diluted share/voting capital after the sale is 2,08,87,88,822 equity shares of ₹1 each.
Source: BSE
