Archive · 26 Jul 2025
ITC Chairman Addresses Demerger Questions, Future Options Open
ITC is a large company, and its boss, Sanjiv Puri, is talking about what the company might do in the future.
He explained that the company has a structure that works well, using all its different parts together.
The company has recently demerged its hotels division.
He also mentioned that while he believes the current setup is strong, they will keep an eye on what is best for the company.
He also talked about a new food tech business that is currently available in a few cities in India, combining food, hospitality, and digital expertise.
He is hopeful things will get better with lower interest rates and more stable prices.
Sanjiv Puri defended ITC's conglomerate structure but didn't rule out future demergers.
The company recently demerged its hotel business, creating a separate listed entity.
ITC has an expanding FMCG portfolio alongside paper and agri commodities.
Puri cited ITC's institutional synergy in creating its food tech business leveraging various capabilities.
The chairman anticipates improving demand with easing interest rates, better weather, and benign inflation.
- Who
- Sanjiv Puri, Chairman and Managing Director of ITC.
- What
- Sanjiv Puri discussed ITC's business strategy, the possibility of demergers, and market outlook.
- When
- During ITC's 114th annual general meeting
- Where
- Not explicitly stated, but implied to be India.
- Why
- To address shareholder questions and discuss the company's future direction.
Shareholder Perspective
ITC's Strategy
Demerger Strategy
Shareholder Perspective
Shareholders might seek clarity and direction regarding future demergers.
ITC's Strategy
ITC's current structure is leveraging synergies and creating value.
- Company
- ITC
- Executive
- Sanjiv Puri
- Recent Demerger
- ITC Hotels
- Business Structure
- Conglomerate
- FMCG Revenue FY25
- ₹21,981.57 crore
- Food Tech Locations
- Bangalore, Hyderabad, Chennai, Mumbai, Pune