ITC Hotels: Incorporation of Wholly Owned Subsidiary
ITC Hotels (ITCHOTELS) filed a disclosure titled "Incorporation of Wholly Owned Subsidiary". The company is valued at about ₹33,746 crore.
What happened
ITC Hotels (ITCHOTELS) filed a disclosure with the exchanges on 26 October 2026 at 01:34 PM titled "Incorporation of Wholly Owned Subsidiary".
How big is it?
At ₹20 crore, the deal is equal to about 0.1% of the company's market value of ₹33,746 crore.
Company snapshot
ITC Hotels is a mid-cap company in the Consumer Services sector, with a market value of about ₹33,746 crore.
The stock last traded at ₹162, against a 52-week range of ₹137.3–₹226.6 (28.5% below the high).
Before this filing the shares had moved −1.5% over the month and −2.3% over three months. Average daily turnover over the last 20 sessions was about ₹28.77 crore.
Promoters held 39.85% at the end of Q1 FY27. Foreign institutions owned 11.61% and domestic institutions 23.99%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 816 | 133.1 | 0.64 |
| Q2 FY26 | 839 | 132.8 | 0.64 |
| Q3 FY26 | 1,231 | 235.1 | 1.13 |
| Q4 FY26 | 1,254 | 315.9 | 1.52 |
| Q1 FY27 | 936 | 180.3 | 0.87 |
What history shows
BCEIE's records show 3 previous m&a filings from the company since May 2026.
After those filings, the stock fell 4.3% on average the next trading day and was down 9.1% on average after five days (3 filings with price data).
Across 88 similar disclosures by other Consumer Services companies, shares moved −0.2% on average the next day and +0.1% over five days; 50% of them rose the next day.
Market-wide, 2,147 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 1 Sept 2026 | Acquisition of Shares of GHK Hospitality & Infrastructures Limited | −0.8% | −3.9% |
| 16 Jul 2026 | Media Statement - Acquisition | −6.0% | −11.8% |
| 16 Jul 2026 | M&A | −6.0% | −11.8% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 26 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- ITC Hotels Limited signs Welcomhotel by ITC Hotels, Manesar Gurugram strengthening presence in the National ..
- ITC Hotels Posts Q1 Gains, Advances Expansion Strategy
- Welcomhotel by ITC Hotels, Manesar Gurugram
- ITC Hotels signs 227-key Mementos resort in Karjat, Maharashtra
- ITC Hotels signs 104-key Welcomhotel in Manesar
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.