ITC Limited , a diversified conglomerate, has recently announced a series of significant corporate actions, including director appointments, dividend declarations, and a potential delisting from a regional stock exchange. These developments highlight the company's ongoing corporate governance activities and strategic decisions.

Director Appointments and Dividend Declarations

ITC has made several key appointments and dividend declarations:

The appointment of Chandra Kishore Mishra as Independent Director was approved through a postal ballot with 99.83% of voting shareholders in favor.

Share Allotment and Capital Increase

On December 16, 2024, ITC allotted 8,98,540 ordinary shares under its employee stock option schemes. This allotment resulted in an increase in the company's share capital to ₹1,251,17,10,391.

New Employee Stock Appreciation Rights Scheme

The Board of ITC has recommended a 2% limit of share capital for a new Employee Stock Appreciation Rights Scheme, demonstrating the company's commitment to employee incentivization and retention.

Potential Delisting from Calcutta Stock Exchange

ITC's Board of Directors is set to consider a proposal for voluntary delisting of the company's Ordinary Shares from The Calcutta Stock Exchange Limited. This consideration will take place at a board meeting scheduled for October 30, 2025, as per the company's LODR (Listing Obligations and Disclosure Requirements) filing.

Other Clarifications

ITC has clarified that recent news regarding GST tax suggestions was not attributable to company events, emphasizing its commitment to transparent communication with stakeholders.

These corporate actions reflect ITC's ongoing efforts to enhance shareholder value, strengthen its governance structure, and streamline its stock exchange listings. Investors and stakeholders should closely monitor these developments as they may have implications for the company's future strategic direction and market presence.

ITC Limited , a diversified conglomerate with interests in FMCG, paperboards, agri-business, and information technology, has announced that its Board of Directors will consider a proposal for voluntary delisting of the company's ordinary shares from The Calcutta Stock Exchange Limited. This consideration is scheduled to take place during the board meeting on October 30, 2025.

Key Details

Background

ITC Limited has informed the stock exchanges about this agenda item for the upcoming board meeting. The company has duly notified all relevant stock exchanges where its shares are currently listed, including the National Stock Exchange, BSE Limited, and The Calcutta Stock Exchange Limited.

Implications

While the board is set to consider the delisting proposal, it's important to note that this does not guarantee the delisting will occur. The decision will be subject to board approval and must comply with all relevant regulations set by the Securities and Exchange Board of India (SEBI).

Investor Communication

As per the LODR (Listing Obligations and Disclosure Requirements) data, ITC Limited has been transparent in its communication with stakeholders. The company formally notified the stock exchanges on October 27, 2025, adhering to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

What This Means for Investors

If approved, the delisting from The Calcutta Stock Exchange would not affect ITC's listing on the National Stock Exchange and BSE Limited, which are the primary stock exchanges in India. Shareholders who have purchased ITC shares through these major exchanges should not be directly impacted by this potential delisting.

Investors should stay tuned for the outcome of the board meeting on October 30, 2025, and any subsequent announcements from the company regarding this matter.

Note: This article is based on the latest available information and does not constitute financial advice. Investors are encouraged to conduct their own research and consult with financial advisors before making investment decisions.