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itc ltd (ITC) Details

ITC Limited, together with its subsidiaries, engages in the fast moving consumer goods, hotels, paperboards and specialty papers, packaging, agri-products, and information technology businesses in India and internationally. It primarily offers cigarettes and cigars; staples, spices, snack and ready to eat foods, and bakery and confectionery products; personal care products; education and stationery products; safety matches; and agarbattis under various brand names. The company also retails formal, casual, sports, party, evening, and designer wear; denims; and accessories through Wills Lifestyle and John Players stores. It operates 104 Wills Lifestyle stores, and approximately 500 shop-in-shops in departmental stores, regional chain stores, and multi-brand outlets; and 400 John Players stores and 1600 multi-brand outlets and departmental stores. In addition, the company provides packaging, specialty, papers, and graphic boards; communication, writing, printing, and specialty paper products; and carton board, flexible, and tobacco packaging products, as well as operates approximately 100 hotels under the ITC Hotel, WelcomHotel, Fortune, and WelcomHeritage names. Further, it exports feed ingredients, food grains, marine products, processed fruits, coffee, leaf tobacco, and spices; and provides information technology services and solutions to various industries. Additionally, the company operates e-Choupal that offers real-time information on weather, market prices, agricultural practices, etc.; Choupal Pradarshan Khets program, which provides services and training; and Choupal Saagar, a rural services hub. It also provides property infrastructure maintenance services; develops and manages golf resorts; develops land and hotel; distributes cigarettes; produces and commercializes seed potato technology; and constructs food processing facility. The company was incorporated in 1910 and is based in Kolkata, India.

25,787 Employees
Last Reported Date: 06/23/15
Founded in 1910

itc ltd (ITC) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: 129.6M
Chief Financial Officer
Total Annual Compensation: 14.0M
Divisional Chief Executive Officer of Hotels ...
Total Annual Compensation: 21.6M
Divisional Chief Executive of Paperboards & S...
Total Annual Compensation: --
Divisional Chief Executive of Agri Business, ...
Total Annual Compensation: --
Compensation as of Fiscal Year 2015.

itc ltd (ITC) Key Developments

ITC Proposes to Invest INR 80,000 million in Telangana

ITC has proposed to invest INR 80,000 million in Telangana as part of its expansion of existing units, together with fresh investments. The company's plans include expansion of its paper plant capacity, setting up of a world-class food processing facility at Medak for over INR 8,000 million and a hotel with an investment of INR 10,000 million in Hyderabad.

ITC Announces Executive Changes

ITC has elevated VL Rajesh as its foods business head. Rajesh, 47, will replace Chitranjan Dar who will take over as the corporate group head for central projects organisation. Dar, 59, will take charge later this month from TV Ramaswamy who is set to retire soon.

ITC Limited Recommends Dividend for the Financial Year Ended March 31, 2015

ITC Limited has announced that the Board of Directors at its meeting held on May 22, 2015, recommended dividend of INR 6.25 per Ordinary Share of INR 1 each for the financial year ended March 31, 2015, subject to declaration of the same by the Members at the Annual General Meeting of the Company convened for July 31, 2015.

 

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