Announced Thu, 23 Jul · 18:21 IST
ITC re-appoints Hemant Bhargava as Independent Director for 5 years
Management Changes View source PDF
ITC · price
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Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹281.55
prior close
₹279.55
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AI summary
ITC shareholders approved the re-appointment of Mr. Hemant Bhargava as Director and Independent Director at the 115th AGM held on 23rd July 2026. The re-appointment is for a period of five years with effect from 20th December 2026. Mr. Bhargava, aged 67, is a former Chairman and Managing Director of LIC, and also served as Non-Executive Chairman of IDBI Bank and LIC Housing Finance. He has been on the ITC board as an Independent Director since December 2021.
Likely market impact
Routine governance matter. Continuity of an experienced independent director. No material impact on the stock expected.