ITC Limited has informed the Exchange about recommendation for the approval of the Members, re-appointment of Mr. Shyamal Mukherjee (DIN: 03024803) as a Director and also as an Independent Director of the Company for a period of five years with effect from 11th August, 2026.
ITC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ITC Limited's Board, at its meeting on 22nd May 2025, approved the audited standalone and consolidated financial results for Q4 and FY ended 31st March 2025, with the statutory auditors (S R B C & Co LLP) issuing an unmodified (clean) opinion. The Board recommended a final dividend of ₹7.85 per share (face value ₹1), which along with the interim dividend of ₹6.50 declared in February 2025, takes the total FY25 dividend to ₹14.35 per share. The record date for the final dividend is 28th May 2025, with the AGM scheduled for 25th July 2025 and dividend payment between 28-31 July 2025. Additionally, the Board recommended the re-appointment of Mr. Shyamal Mukherjee as an Independent Director for a further five-year term effective 11th August 2026, subject to shareholder approval, and appointed S. N. Ananthasubramanian & Co. as Secretarial Auditors for five years from FY 2025-26.
The clean audit opinion and a healthy total dividend payout of ₹14.35 per share signal strong financial health and shareholder-friendly capital allocation, which is generally positive for retail investors. The re-appointment of an existing independent director and routine appointment of secretarial auditors are governance housekeeping items with no material impact on the stock.