In the post results conference call with financial analysts, BAT chief executive Tadeu Marroco said that the London-based ...

British American Tobacco strategically reduces stake in ITC Ltd to increase financial flexibility and share buyback program.

BAT trims ITC stake to 22.9%, raising Rs 12,927 crore but calls it a strategic, not financial, investment. BAT to retain board influence with two directors. Proceeds to support share buyback. ITC ...

GQG Partners raised its stake in ITC to 5.47% via a bulk deal following BATs 2.5% stake sale. The move reflects rising ...

GQG Partners, known for its successful contrarian Adani Group bet, plans to increase investments in ITC and ITC Hotels, ...

British American Tobacco plc (BAT) still considers its holding in ITC a “strategic investment,” chief executive Tadeu Marroco ...

BAT's latest stake sale trims its ITC holding below 25 per cent, ending veto rights just a year after it cited the importance ...

ITC shares fell nearly 5% in intraday trade on May 28 after British American Tobacco offloaded 2.5% of its stake. Analysts ...

The sale, arranged by Goldman Sachs and Citigroup, was larger than initially expected. BAT says it will use the proceeds to ...

ITC shares experienced a decline of over 5% following reports that British American Tobacco (BAT), the largest shareholder, ...

British American Tobacco plans to sell stake in ITC Ltd for financial flexibility and sustainable shareholder returns.

BAT announced that its wholly owned subsidiary Tobacco Manufacturers (India) Limited (TMI) intends to sell c.2.3 per cent of ...