ITCNSEITC Limited· CigarettesMediumNeutral
Announced Thu, 19 Mar · 14:46 IST

ITC Limited has informed the Exchange regarding Appointment of Mr Navin Agarwal as Non- Executive Director of the company w.e.f. April 01, 2026.

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ITC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹304.00
prior close
₹299.25
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AI summary

ITC Limited has received shareholder approval via postal ballot to appoint Mr. Navin Agarwal (DIN: 10684167) as a Non-Executive Director, effective April 1, 2026, for a three-year term. He will represent the Specified Undertaking of the Unit Trust of India (SUUTI), a major institutional shareholder in ITC. Mr. Agarwal, aged 55, is currently Joint Secretary in the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, and also serves as Administrator and Member of the Body of Persons of SUUTI. He has nearly three decades of experience in public finance, capital markets, and public sector governance from his civil services background.

Likely market impact

This is a routine board-level appointment representing a key institutional shareholder (SUUTI) and is unlikely to have any material impact on the stock price or day-to-day operations of the company. It reinforces continuity of government/institutional oversight on the ITC board.