ITDC clarifies on ongoing hotel disinvestment process

India Tourism Development Corporation Ltd (ITDC) responded to a BSE query regarding a news item on NDTV Profit. The company clarified that its hotel units and joint venture subsidiary units have been under the disinvestment process since 2016, with disclosures made periodically under SEBI (LODR) Regulations. ITDC stated there are no new updates since the disclosure in its Q3 FY26 unaudited financial results on February 9, 2026. While the Union Finance Minister mentioned ITDC Hotels in the National Monetisation Pipeline (NMP) 2.0 for redevelopment via PPP mode in the FY27 Budget Speech, ITDC has not yet received any specific directions from the Government in this regard. The filing also referenced a January 2016 board decision outlining the examination of lease or sale of properties.