- - Sustainability Policies
- - CSR Policy
- - IT E-Waste Policy
- - Food Products Policy
- - Policy on Related Party
- - Policy for determination
of a material subsidiary
- - Policy for determination of
materiality of events and
information for disclosure to
the Stock Exchanges
- - Code for Fair Disclosure of UPSI
The paid-up share capital of the Company, as on 21st October, 2016, is Rupees 1211,50,54,001 (Rs. 1211.51 crores) divided into 1211,50,54,001 Ordinary Shares of the face value of Rupee 1/- each.
829,70,26,549 Ordinary Shares of the Company, representing 68.49% of the Company's paid up capital, as on 21st October, 2016 are held in dematerialised form.
Total number of Shareholders as on 21st October, 2016 : 5,58,474
The Company's Global Depository Receipts (GDRs) are listed on the Luxembourg Stock Exchange (Code: 004660919), at Societe de la Bourse de Luxembourg, 35A Boulevard Joseph II, L-1840, Luxembourg.
As on 21st October, 2016, 2,61,65,352 GDRs, representing 2,61,65,352 underlying Ordinary shares of the Company, were outstanding.
The Company's shares are listed with 3 Stock Exchanges:
National Stock Exchange (ITC*)
* Stock Codes
The 105th AGM of the Company was held on Friday, 22nd July, 2016 at Science City, Main Auditorium, JBS Haldane Avenue, Kolkata 700 046, at 10.00 a.m.
All the Resolutions for approval at the 105th AGM, as set out in the Notice dated 20th May, 2016, have been passed by the Members by requisite majority.
The Members of the Company, at the 105th AGM, declared dividend of Rs. 8.50 (including Special dividend of Rs. 2.00) per Ordinary Share of Re. 1/- each for the financial year ended 31st March, 2016.
The aforesaid dividend was remitted on 25th July, 2016 to the Members entitled thereto.
Unclaimed dividend for the years prior to and including the financial year 2008-09 has been transferred to the General Revenue Account of the Central Government / the Investor Education and Protection Fund (IEPF) established by the Central Government, as applicable.
The dividend for the undernoted years and sale proceeds of fractional entitlements, if remaining unclaimed for 7 years, will be transferred by the Company to IEPF in accordance with the schedule attached. Click here for the schedule.
YEAR BONUS 1978 One share for every five shares held 1980 One share for every five shares held 1989 One share for every one share held 1991 Three shares for every five shares held 1994 One share for every one share held 2005 One share for every two shares held 2010 One share for every one share held
The Board of Directors of the Company, at the meeting held on 20th May, 2016, inter alia, recommended issue of Bonus Shares in the proportion of 1 (One) Bonus Share of Re. 1/- each for every existing 2 (Two) fully paid-up Ordinary Shares of Re. 1/- each and fixed 4th July, 2016 as the Record Date for the purpose of determining Members who would be entitled to the Bonus Shares. The Members of the Company approved the aforesaid Bonus Issue on 27th June, 2016.
The Company, on 7th July, 2016, has issued and allotted 402,66,57,100 fully paid-up Ordinary Shares of Re. 1/- each as Bonus Shares to the Members entitled thereto. The said Bonus Shares have been credited to the beneficiary accounts or share certificates in respect thereof have been despatched by Speed Post, where shares were held in the dematerialised form or in the physical form, respectively, on 12th July, 2016.
Name of the Company : ITC Limited
|Corporate Governance - for the Quarter ended 30th September, 2015|
|Particulars||Clause of Listing agreement||Compliance status (Yes/No/NA)||Remarks|
|II. Board of Directors||49 (II)|
|(A) Composition of Board||49 (IIA)||Yes|
|(B) Independent Directors||49 (IIB)||Yes|
|(C) Non-executive Directors' compensation & disclosures||49 (IIC)||Yes|
|(D) Other provisions as to Board and Committees||49 (IID)||Yes|
|(E) Code of Conduct||49 (IIE)||Yes|
|(F) Whistle Blower Policy||49 (IIF)||Yes|
|III. Audit Committee||49 (III)|
|(A) Qualified & Independent Audit Committee||49 (IIIA)||Yes|
|(B) Meeting of Audit Committee||49 (IIIB)||Yes|
|(C) Powers of Audit Committee||49 (IIIC)||Yes|
|(D) Role of Audit Committee||49 (IIID)||Yes|
|(E) Review of Information by Audit Committee||49 (IIIE)||Yes|
|IV. Nomination and Remuneration Committee||49 (IV)||Yes|
|V. Subsidiary Companies||49 (V)||Yes||The Company does not have any ‘material subsidiary'.|
|VI. Risk Management||49 (VI)||Yes|
|VII. Related Party Transactions||49 (VII)||Yes|
|VIII. Disclosures||49 (VIII)|
|(A) Related Party Transactions||49 (VIIIA)||Yes||There were no material related party transactions during the quarter ended 30th September, 2015.
|(B) Disclosure of Accounting Treatment||49 (VIIIB)||NA|
|(C) Remuneration of Directors||49 (VIIIC)||Yes|
|(D) Management||49 (VIIID)||Yes||No material financial and commercial transactions that may have a potential conflict with the interests of the Company, were reported by senior management.|
|(E) Shareholders||49 (VIIIE)||Yes|
|(F) Proceeds from public issues, rights issues, preferential issues etc.||49 (VIIII)||NA||The Company has not made any public issue, rights issue or preferential issue since 1993-94.|
|IX. CEO/CFO Certification||49 (IX)||Yes|
|X. Report on Corporate Governance||49 (X)||Yes|
|XI. Compliance||49 (XI)||Yes|
Note: The Board's Report / Annual Report for the financial year ended 31st March, 2015 covers Disclosures with respect to the above Clauses, as necessary.