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 8th November, 2019, 2,02,22,122 GDRs, representing 2,02,22,122 underlying Ordinary shares of the Company, were outstanding.
The 108th AGM of the Company was held on Friday, 12th July, 2019 at Science City, JBS Haldane Avenue, Kolkata 700 046.
All the Resolutions for consideration at the 108th AGM in respect of the items set out in the Notice dated 13th May, 2019, have been passed by the Members by requisite majority through remote e-voting and e-voting at the AGM venue.
The Members of the Company, at the 108th AGM, declared dividend of Rs. 5.75 per Ordinary Share of Re. 1/- each for the financial year ended 31st March, 2019.
The aforesaid dividend has been credited on 16th July, 2019 to the bank accounts of those Members who were entitled thereto and who had opted to receive such dividend through electronic mode. Dividend warrants of those Members who have not opted for electronic remittance of dividend have been despatched through post on 16th July, 2019.
Unclaimed dividend for the years prior to and including the financial year 2011-12 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 remained unclaimed for seven consecutive years from the financial year 2011-12 have been transferred to the Investor Education and Protection Fund (IEPF) in September 2019.
The Company had earlier sent individual letters to the concerned Members who had not claimed their aforesaid dividend providing them an opportunity to lodge their claim with the Company in respect of the same. Notices in this regard were also published by the Company in leading English and Bengali newspapers.
The concerned Members may claim their shares and/or refund of their dividend from the Investor Education and Protection Fund (IEPF) Authority by following the procedure prescribed under the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (IEPF Rules).
Mr. R. K. Singhi, Executive Vice President & Company Secretary, is the Nodal Officer and Messrs. T. K. Ghosal and K. S. Madia, Assistant Company Secretaries, are the Deputy Nodal Officers of the Company under the IEPF Rules. The said officials of the Company may be contacted at the e-mail ID firstname.lastname@example.org for any query or 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 30th September, 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.