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This block deal size was higher than the 2.3% stake BAT said it intended to sell. Despite the stake sale, BAT will remain ITC's largest investor post-disposal, with a 23.1% stake. A Reuters report ...
Following the block deal, ITC shares traded 1.26% lower at ₹419.75 on the NSE. The stock has declined by about 10.3% since the beginning of the year.. (File Photo: Bloomberg) Mumbai: British ...
(LinkedIn) British American Tobacco, the largest shareholder in ITC, has pared its 25.4% stake in the Indian cigarette-to-food conglomerate through block deals on Wednesday, relinquishing its veto ...
British American Tobacco has sold a $1.5 billion stake in Indian consumer goods company ITC at 413 Indian rupees per share, ...
British American Tobacco on May 28 said it completed block trade of ITC shares and net proceeds amount to Rs 12,100 crore. BAT said it would increase its 2025 1.1 billion pounds ($1.49 billion ...
Shares of ITC Ltd fell 5 per cent in Wednesday's trade, with its turnover touching Rs 16,200 crore within first 30 minutes into trading after multiple block deals on the counter. BAT via its arm ...
Cigarette-to-FMCG conglomerate ITC Ltd's shares sank over three percent in early trade on Wednesday, May 28 following a block deal, with British American Tobacco Plc (BAT) likely trimming its ...
ITC shares recovered some of the lost ground in Wednesday's trade after the Rs 12,927-crore worth block sale by British American Tobacco (BAT) earlier in the day. The stock, which fell 5 per cent ...
New Delhi: Shares of conglomerate ITC dropped nearly 5 per cent after British multinational BAT Plc trimmed its stake in the firm by 2.3 per cent through a block deal worth Rs 11,613 crore (USD 1. ...
British American Tobacco (BAT) announced on Tuesday its intention to sell approximately 2.3% of its stake in Indian consumer goods giant ITC through a block trade. Despite the planned sale ...
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