ITC Limited , a prominent Indian conglomerate, has announced its decision to voluntarily delist its ordinary shares from the Calcutta Stock Exchange (CSE) effective November 20, 2025. This strategic move aims to consolidate the company's stock market presence on India's two major national exchanges.

Key Details of the Delisting

Implications and Rationale

The decision to delist from the Calcutta Stock Exchange while maintaining listings on the National Stock Exchange (NSE) and BSE Limited reflects ITC's strategy to streamline its stock market presence. This move may be aimed at:

1. Concentrating trading volumes on the two largest national exchanges
2. Potentially reducing compliance and administrative costs associated with multiple listings
3. Aligning with the broader trend of companies focusing on major national exchanges for enhanced liquidity and visibility

Official Communication

ITC has formally communicated this decision to all relevant stakeholders. The company received approval from the Calcutta Stock Exchange on November 19, 2025, confirming the delisting effective from November 20, 2025.

Impact on Shareholders

It's important to note that this delisting does not affect ITC's presence on the NSE and BSE Limited, where the majority of trading in ITC shares occurs. Shareholders can continue to trade ITC shares on these two major exchanges without any disruption.

Conclusion

ITC's decision to delist from the Calcutta Stock Exchange while maintaining its presence on the NSE and BSE Limited represents a strategic move to optimize its stock market listing. This action aligns with the company's broader strategy of streamlining operations and focusing on major national exchanges for enhanced trading efficiency and visibility.

ITC Limited , a diversified conglomerate, has taken a significant step in enhancing employee ownership by issuing and allotting 9,26,900 ordinary shares under its Employee Stock Option Schemes (ESOS). This move, effective November 17, 2025, marks an important development in the company's commitment to aligning employee interests with those of shareholders.

Key Details of the Share Allotment

Impact on Share Capital

The allotment of these shares has led to an increase in ITC's issued and subscribed share capital. Here's how the numbers stack up:

This increase in share capital reflects ITC's growing commitment to employee participation in the company's equity. By offering stock options, ITC aims to foster a sense of ownership among its employees, potentially leading to increased motivation and alignment with the company's long-term goals.

Regulatory Compliance

In line with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ITC promptly informed the relevant stock exchanges - the National Stock Exchange of India Ltd., BSE Ltd., and The Calcutta Stock Exchange Ltd. - about this development. This transparency ensures that all stakeholders, including investors and regulatory bodies, are kept informed of significant changes in the company's share structure.

Conclusion

The allotment of shares under the Employee Stock Option Schemes represents a strategic move by ITC to strengthen its relationship with its workforce. As the company continues to operate across diverse sectors including FMCG, Paperboards & Packaging, Agri-Business, and Information Technology, this initiative may contribute to enhanced employee engagement and potentially drive long-term value creation for all stakeholders.