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itc limited-spons gdr (ITCTY) Snapshot

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itc limited-spons gdr (ITCTY) 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 limited-spons gdr (ITCTY) 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 limited-spons gdr (ITCTY) Key Developments

The Center Seeks Not To Sell Stake In Hindustan Zinc, Balco, Axis Bank, Larsen & Toubro and ITC Soon

The Government of India’s stakes in Hindustan Zinc Ltd. (BSE: 500188), Bharat Aluminium Company Limited, AXIS Bank Limited(BSE: 532215), Larsen & Toubro Limited (BSE: 5500510) and ITC Limited (NSEI: ITC) have been part of its disinvestment plans for years, though hardly ever has any sale been carried out. That stance is now likely to change with these stakes being seen as a longer term investment. Not only may the government not offload its stake in these companies this fiscal, but may hold on to them in the longer term as well. Senior government officials say that there are two reasons why a sale would not happen this year, and even over the next couple of financial years. Firstly, after a number of years of fiscal scares contained only by slashing expenditures, 2015-16 indeed looks very comfortable due to savings on subsidies on back of lower commodity prices, and due to a impressive increase in indirect tax collections.

ITC Limited Appoints A. V. Girija Kumar as an Additional Non-Executive Director

ITC Ltd. has announced that the board of directors of the company at the meeting held on July 31, 2015, after conclusion of the 104th Annual General Meeting held the same day, appointed Mr. A. V. Girija Kumar as an Additional Non-Executive Director, representing the General Insurers’ (Public Sector) Association of India.

ITC Limited, Board Meeting, Jul 31, 2015

ITC Limited, Board Meeting, Jul 31, 2015. Agenda: To consider appointment of Mr. A. V. Girija Kumar as an Additional Non-Executive Director, representing the General Insurers' (Public Sector) Association of India.


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