Archive · 25 Jul 2025
ITC Evaluates Strategic Options for Businesses Including Infotech
The head of ITC, Sanjiv Puri, mentioned that the company is looking at different options for its businesses, including ITC Infotech.
They are checking what's best for the company by looking at how the business is doing and what the competition is like.
If something needs to change, like the hotels division did, they will make the right decision at the right moment after carefully thinking it through.
This ensures that the company makes the best choices for its shareholders.
ITC Chairman Sanjiv Puri stated the company will evaluate strategic options for its businesses.
Puri addressed the possibility of spinning off ITC Infotech as a separate entity.
The evaluation considers the business strategy, competitive context, and maturity.
Decisions, like the hotels demerger, follow extensive reviews.
Puri emphasized that the right actions will be taken at the appropriate time.
- Who
- Sanjiv Puri, ITC Chairman and Managing Director.
- What
- ITC is evaluating strategic options for its businesses.
- When
- The statement was made on Friday.
- Where
- Kolkata.
- Why
- To determine the best course of action for ITC's business units, including ITC Infotech.
Shareholders' Interests
Business operations
Demerger of ITC Infotech
Shareholders' Interests
Optimizing business structure for shareholder value.
Business operations
Maintain existing structure.
- Company
- ITC
- Executive
- Sanjiv Puri
- Position
- Chairman and Managing Director
- Focus
- Strategic options
- Business Unit
- ITC Infotech