New Delhi, Jan. 27 -- Kolkata-based diversified conglomerate ITC Ltd announced on Monday that ITC Hotels, which was recently spun off from the parent company, will be listed on the stock exchanges on January 29.

"ITCHL has received approval from the National Stock Exchange of India Limited and BSE Limited for listing and trading of its equity shares effective 29th January 2025," ITC said in a regulatory filing.

Effective January 6, 2025, ITC Hotels was demerged from ITC and initially appeared as a placeholder entity in indices with a fixed price of approximately Rs.260.

On January 11, ITC distributed 125.11 crore equity shares of ITC Hotels to its shareholders.

The share allotment forms part of the restructuring process under Sections...