Recommendation for appointment of Director
ITC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ITC Limited's Board meeting on 21st May 2026 approved audited financial results for Q4 and FY ended March 2026 (standalone and consolidated) with unmodified opinions from statutory auditors SRBC & CO LLP. The Board recommended a final dividend of Rs 8 per share, making total annual dividend Rs 14.50 per share (including Rs 6.50 interim paid in January 2026). Additionally, the Board recommended re-appointment of Mr. Hemant Bhargava as Independent Director for a further term of 5 years from 20th December 2026, subject to shareholder approval at the AGM on 23rd July 2026.
Routine governance filing with no material impact on shareholders. The re-appointment of an existing independent director and strong dividend payout are positive signals for continued stability.