BAT Sells ₹12,100 Crore Stake in ITC via Block Deal, Retains Majority Holding

British American Tobacco Offloads ₹12,926.90 Cr Worth ITC Shares in Block Trade
In A Major Stock Market Move, British American Tobacco (BAT), Through Its Indian Subsidiary Tobacco Manufacturers (India), Has Sold A 2.5% Stake In ITC Limited Through A block Deal Valued At ₹12,926.90 Crore. The Transaction Saw The Offloading Of 31.3 Crore Shares At ₹413 Per Share, Which Was Approximately 4.8% Below ITC’s Previous Close Of ₹433.90 On The BSE.
Despite The Sale, BAT Continues To Remain ITC’s Largest Shareholder, Holding A Significant 23.1% Stake In The FMCG And Tobacco Major. The Company Also Announced That It Plans To enhance Its Share Buyback Program, Indicating Long-term Interest And Confidence In ITC’s Growth.
This Move Comes Amid Rising Market Activity And Increasing Interest In India’s Large-cap Stocks. The Deal Reflects Strategic Capital Restructuring And Liquidity Positioning By BAT, While Still Retaining Control And Board Presence.
For Investors And Analysts, The Discount In The Deal Price May Temporarily Influence Short-term Market Sentiment, But The Retention Of Majority Stake And Mention Of Buyback Hints At Long-term Positioning.
📌 Stay Tuned To The Janta Voice – Business For Real-time Market Updates, Corporate Deals, And In-depth Coverage Of Stock Moves.
#ITC #BAT #StockMarketIndia #BlockDeal #Shareholding #BATITCDeal #FMCGStocks #BusinessNewsIndia #TheJantaVoice #IndianEconomy #BuybackProgram
Our Newsletter
Subscribe our newsletter to get latest news & promotion
By subscribing, you accepted the our Policy
Others Post
![Download the Ultimate Marriage & Relationship Documents Kit – All Legal & Personal Templates in On [...]](https://thejantavoice.com/webcontent/blog/6839716aeca5c53.png)
Download the Ultimate Marriage & Relationship Documents Kit – All Legal & Personal Templates in On [...]

SEBI’s New Rules May Hit ₹35,000 Crore Structured Products Market

BAT Sells ₹12,100 Crore Stake in ITC via Block Deal, Retains Majority Holding
BAT Sells ₹12,100 Crore Stake in ITC via Block Deal, Retains Majority Holding

India’s New Sodium-Ion Battery Charges 80% in 6 Minutes, Promises Breakthrough [...]
India’s New Sodium-Ion Battery Charges 80% in 6 Minutes, Promises Breakthrough for EVs

Mohanlal & Prabhas Charged No Fee for ‘Kannappa’, Confirms Vishnu Manchu

Suniel Shetty Recalls Abusing Gangster Hemant Pujari After Threats to His Father
Suniel Shetty Recalls Abusing Gangster Hemant Pujari After Threats to His Father

Akshay Kumar Sends ₹25 Crore Legal Notice to Paresh Rawal Over Hera Pheri 3 Ex [...]
Akshay Kumar Sends ₹25 Crore Legal Notice to Paresh Rawal Over Hera Pheri 3 Exit

How 0% Interest Credit Cards Can Help You Save and Pay Off Debt Faster

Why Women With Hypothyroidism Have a Higher Risk of Bone Fractures and Osteoporosis

India Lost Fighter Jets in Clash with Pakistan: Defence Chief Confirms

Delhi High Court Orders YouTuber Mohak Mangal to Remove Defamatory ANI Video Con [...]
Delhi High Court Orders YouTuber Mohak Mangal to Remove Defamatory ANI Video Content

India Targets Guarded Complex in Pakistan’s Murid Airbase, Satellite Image Con [...]
India Targets Guarded Complex in Pakistan’s Murid Airbase, Satellite Image Confirms

Daylight Found to Strengthen Immune Response Against Infections, Study Shows

Mumbai Waterlogged After Heavy Rains, IMD Issues Yellow Alert for City and Surrounding Areas

Fake Doctor in Jabalpur Exposed After 7 Years; Used Friend’s Documents for MBB [...]
Fake Doctor in Jabalpur Exposed After 7 Years; Used Friend’s Documents for MBBS Admission

Tej Pratap Yadav Expelled from RJD Amid Divorce Case and Viral Photos with Girlf [...]
Tej Pratap Yadav Expelled from RJD Amid Divorce Case and Viral Photos with Girlfriend

Influencer Sharmistha Panoli Arrested Over Operation Sindoor Remarks: What We Know So Far

Kush Maini Makes History as First Indian to Win Formula 2 Race in Monaco

Microsoft Launches NLWeb to Help Turn Any Website Into an AI App

Best Standard Bikes to Ride in Siliguri – Comfort, Power & Value

Pakistan PM Trolls Himself by Gifting Edited Chinese Rocket Drill Photo as Attack on India

Russia Attacks Kyiv with Drones, Injures Civilians and Sparks Fires in Residenti [...]
Russia Attacks Kyiv with Drones, Injures Civilians and Sparks Fires in Residential Areas

Russia Captures 3 More Ukrainian Settlements Amid Eastern Offensive
Russia Captures 3 More Ukrainian Settlements Amid Eastern Offensive
0 comments
Share