The Company's Global Depository Receipts (GDRs) are listed on the Luxembourg Stock Exchange (Code: 004660919), at Societe de la Bourse de Luxembourg S.A., 35A Boulevard Joseph II, L-1840, Luxembourg.
As on 7th June, 2019, 2,06,39,918 GDRs, representing 2,06,39,918 underlying Ordinary shares of the Company, were outstanding.
The 108th AGM of the Company has been convened for Friday, 12th July, 2019.
The Notice of the AGM, alongwith the Report and Accounts 2019, will be sent to the Members in due course of time.
The Board of Directors of the Company, at the meeting held on 13th May, 2019, has recommended dividend of Rs. 5.75 per Ordinary Share of Re. 1/- each for the financial year ended 31st March, 2019, subject to declaration of the same by the Members at the 108th AGM of the Company.
The Register of Members of the Company will remain closed from 24th May, 2019 to 27th May, 2019, both days inclusive, for the purpose of payment of dividend.
The aforesaid dividend, if declared, will be paid on 16th July, 2019 to those Members entitled thereto and whose names will appear in the Register of Members of the Company on 27th May, 2019, or to their mandatees, subject however to the provisions of Section 126 of the Companies Act, 2013. In respect of dematerialised shares, the dividend will be paid on the basis of beneficial ownership as on 23rd May, 2019, as per details to be furnished by National Securities Depository Limited and Central Depository Services (India) Limited for this purpose.
Unclaimed dividend for the years prior to and including the financial year 2010-11 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.
Pursuant to the provisions of Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, Ordinary Shares of the Company in respect of which dividend entitlements have remained unclaimed for seven consecutive years from the financial year ended 31st March, 2012 will be due for transfer to the Investor Education and Protection Fund (IEPF) on 2nd September, 2019.
Communication has been sent to the concerned Members providing them an opportunity to lodge their claims in respect of the above with the Investor Service Centre (ISC), ITC Limited, 37 Jawaharlal Nehru Road, Kolkata 700 071 by 30th August, 2019. In the event any valid claim is not received by ISC by that date, the Company, in accordance with the aforesaid provisions of law, shall transfer the concerned shares to the IEPF.
The concerned Members may claim their shares and/or refund of their dividend from the IEPF Authority by following the procedure prescribed under the IEPF Rules. Mr. Tunal Kumar Ghosal, Assistant Secretary, is the Nodal Officer of the Company for the purpose of verification of such claims. He may be contacted at 033-2288-7043 (direct) or email@example.com for any assistance in this regard.
Click here for visiting the IEPF website to claim refund from the IEPF Authority.
|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|
|2016||One share for every two shares held|
Name of the Company: ITC Limited
Scrip Code, Name of the scrip, class of security:
Scrip Code - ITC (NSE), 500875 (BSE), 10000018 (CSE);
Name of the scrip - ITC LTD; Class of security - Ordinary Shares
Click here for quarter ended 31st March, 2019
|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.