ITC Limited (ITC) — Board Meeting | 23 July 2026(3 announcements)

ITC announced the re-appointment of Mr. Hemant Bhargava as an Independent Director for five years effective 20 December 2026, following shareholder approval at the 115th Annual General Meeting on 23 July 2026. His profile includes extensive leadership in financial services and prior roles at LIC and IDBI Bank.

ITC Limited's 115th AGM on July 23, 2026, highlighted Chairman Sanjiv Puri's address themed 'ITC: Partnering India in its Defining Decade', emphasizing India's economic resilience and the need for 'Responsible Competitiveness'. Key highlights included strong financial performance of non-cigarette businesses (contributing nearly two-thirds of revenue), robust shareholder returns (₹85,000 crore in dividends over 5 years), and leadership in sustainability (carbon-positive, water-positive, and solid-waste recycling for 2 decades). The company also highlighted its Agri Business growth (revenue doubled to ₹20,300 crore in FY26), ITCMAARS digital ecosystem empowering 2.6 million farmers, and strategic focus on Next-Generation Agriculture to enhance farmer incomes and rural development.

ITC Limited held its 115th Annual General Meeting on 23 July 2026 via video conference, with 673 shareholders attending. All agenda items, including adoption of standalone and consolidated financial statements for FY2026, confirmation of interim and final dividends of ₹6.50 and ₹8.00 per share respectively, reappointment of directors, and auditor remuneration, were passed by requisite majority. Remote e-voting and e-voting during the meeting ensured full participation, with voting results filed with stock exchanges.