Sector Allocation Insights : Nifty500 Multicap 50:25:25 vs. Nifty 500 Index
Nifty500 Multicap 50:25:25 is overweight Capital Goods, Healthcare and Chemicals, underweight Fin. Services and Oil & Gas relative to the Nifty 500
General Guidelines for ITC Shareholders - How to Split the Purchase Cost Between ITC and ITC Hotels Shares After Demerger
ITC Ltd. Demerges Its Hotels Business: What It Means for Shareholders ITC Ltd. has officially separated its hotels division, creating a new company called ITC Hotels Ltd. (ITCHL). This means ITC shareholders will receive shares of ITCHL as per the demerger ratio. How Will Shareholders Benefit? If you held ITC shares as of the record date (January 6, 2025), you will get shares of ITC Hotels Ltd. in the ratio of 1:10 . This means for every 10 shares of ITC Ltd. , you will receive 1 share of ITCHL . Tax Implications for ITC Shareholders Taxes will apply only when you sell either your ITC shares or ITCHL shares. The tax treatment depends on how long you have held the shares: Short-term capital gains (STCG) – If sold within one year of purchase (for listed shares). Long-term capital gains (LTCG) – If held for more than one year . The holding period for ITC Hotels shares will be counted from the date when you originally bought ITC Ltd. shares. Cos...
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