Articles - Futures & Options
Implications of ITC Demerger on Futures and Options Contracts
ITC Limited (ITC) is separating its hotel business into a new entity, ITC Hotels Limited (ITCHL), effective on January 6, 2025 as the record date. This will result in shareholders receiving 1 share of ITC Hotel for every 10 shares of ITC Limited held. Impact on Futures and Options positions.