could you pls explain with some numbers of what would the spin off you consider optimal here? do you mean a case where instead of ITC holding 40% of demerged hotel business, they would directly hold nil and all 100% directly held by current shareholders?
if yes, then how is that better for existing shareholders than current 60-40 structure? Also, what must be the reason amd logic for ITC to follow this 60-40 structure instead of full 100% or any other structure? Is there any rule governing such demerger structures or a company can chose any such ratio? Thanks
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