British American Tobacco (BAT) Plc offloaded a 2.5 per cent stake in India’s ITC Ltd for ₹12,100 crore through block trades on Wednesday, paring its holding to 22.9 per cent. This is the second share ...

(LinkedIn) British American Tobacco, the largest shareholder in ITC, has pared its 25.4% stake in the Indian cigarette-to-food conglomerate through block deals on Wednesday, relinquishing its veto ...

Cigarette-to-FMCG conglomerate ITC Ltd's shares sank over three percent in early trade on Wednesday, May 28 following a block deal, with British American Tobacco Plc (BAT) likely trimming its ...

Further to our announcement on 27 May 2025, British American Tobacco p.l.c. ("BAT or the "Group") has completed the block trade of 313,000,000 ordinary shares (the "Block Trade Shares") in ITC ...

This block deal size was higher than the 2.3% stake BAT said it intended to sell. Despite the stake sale, BAT will remain ITC's largest investor post-disposal, with a 23.1% stake. A Reuters report ...

British American Tobacco (BAT) announced on Tuesday its intention to sell approximately 2.3% of its stake in Indian consumer goods giant ITC through a block trade. Despite the planned sale ...

The London-listed cigarette maker had last year sold 436.9 million shares, or roughly 3.5% of ITC's outstanding shares, for about $2 billion in what was India's third-largest block deal ever.

Shares of ITC Ltd fell 5 per cent in Wednesday's trade, with its turnover touching Rs 16,200 crore within first 30 minutes into trading after multiple block deals on the counter. BAT via its arm ...

British American Tobacco (BAT) on Tuesday, 27 May 2025, announced its plans to sell around 2.3% of its stake in ITC via a block deal to institutional investors. The move aims to boost BAT's ...

The London-listed cigarette maker had last year sold 436.9 million shares, or roughly 3.5% of ITC’s outstanding shares, for about $2 billion in what was India’s third-largest block deal ever.

This marks BAT’s second major stake reduction in ITC within 18 months. The company previously sold a 3.5 per cent stake for ₹16,700 crore in one of India’s largest block deals. Following ...