Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

ITC Ltd AGM Information 2023

Aug 11, 2023

60425_rns_2023-08-11_fc31f30a-9a7e-47f5-8bcf-bef6f236ede8.pdf

AGM Information

Open in viewer

Opens in your device viewer

==> picture [58 x 70] intentionally omitted <==

ITC Limited Virginia House 37 J. L. Nehru Road Kolkata 700 071, India Tel. : 91 33 2288 9371 Fax : 91 33 2288 4016 / 1256 / 2259 / 2260

11[th] August, 2023

The Manager Listing Department National Stock Exchange of India Ltd. Exchange Plaza Plot No. C-1, G Block Bandra-Kurla Complex Bandra (East) Mumbai 400 051

The General Manager Dept. of Corporate Services BSE Ltd. P. J. Towers Dalal Street Mumbai 400 001

The Secretary The Calcutta Stock Exchange Ltd. 7, Lyons Range Kolkata 700 001

Dear Sirs,

112[th] Annual General Meeting of the Company - 11[th] August, 2023

We enclose, in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), a summary of the proceedings of the 112[th] Annual General Meeting (‘AGM’) of the Company held on 11[th] August, 2023.

We would also like to advise that all the Resolutions for consideration at the 112[th] AGM in respect of the items set out in the Notice dated 18[th] May, 2023, have been passed by the Members by requisite majority. The Voting Results in the prescribed format in terms of Regulation 44(3) of the Listing Regulations are also enclosed.

Yours faithfully, ITC Limited

RAJENDRA Digitally signed by RAJENDRA KUMAR KUMAR SINGHI Date: 2023.08.11 SINGHI 18:30:04 +05'30' (R. K. Singhi) Executive Vice President & Company Secretary

Encl: as above.

FMCG ⚫ HOTELS ⚫ PAPERBOARDS & PACKAGING ⚫ AGRI-BUSINESS ⚫ INFORMATION TECHNOLOGY Visit us at www.itcportal.com ⚫ Corporate Identity Number : L16005WB1910PLC001985 ⚫ e-mail : [email protected]

==> picture [43 x 52] intentionally omitted <==

cc: Securities Exchange Commission Division of Corporate Finance Office of International Corporate Finance Mail Stop 3-9 450 Fifth Street Washington DC 20549 U.S.A. cc: Societe de la Bourse de Luxembourg 35A Boulevard Joseph II L-1840 Luxembourg

Summar of the proceedings of the 112[th ] Annual General Meeting of ITC Limited

The 112[th ] Annual General Meeting ('AGM') of the Members of ITC Limited was held on Friday, 11[th ] August, 2023 through Video Conferencing / Other Audio Visual Means in conformity with the regulatory provisions and the circulars issued by the Ministry of Corporate Affairs, Government of India. The Meeting commenced at 10.30 a.m. (1ST).

The facility of one-way live webcast of the AGM proceedings was also made available on the Company's corporate website.

  • Mr. S. Puri, Chairman & Managing Director, chaired the 112[th ] AGM. The business before the Meeting was taken up as quorum was present at the commencement of the Meeting and throughout the Meeting. 763 Members attended the Meeting.

  • At the outset, the Chairman advised that necessary steps had been taken by the Company to ensure that the Members were able to attend the AGM and vote on the resolutions proposed at the Meeting in a seamless manner.

  • The Chairman thereafter introduced the Directors and advised the Members that the registers and documents, as statutorily required, were available for inspection through electronic mode during the AGM.

  • The Chairman on the occasion of the 112[t][h ] AGM delivered his Speech on the theme - "ITC: Nation First-Transforming for our Shared Tomorrows".

  • The Members were briefed on the Ordinary Business and Special Business items covered in the AGM Notice dated 18[t][h ] May, 2023 and listed under Serial Nos. 1 to 14 below:

Ordinar Business

  1. Adoption of the Financial Statements of the Company for the financial year ended 31 [st ] March, 2023, the Consolidated Financial Statements for the said financial year and the Reports of the Board of Directors and the Auditors thereon;

  2. Confirmation of Interim Dividend of � 6/- per Ordinary Share of� 1/- each, and declaration of Final Dividend of � 6. 75 and Special Dividend of � 2. 75 per Ordinary Share for the financial year ended 31 [st ] March, 2023;

  3. Appointment of Mr. Sumant Bhargavan who retired by rotation and offered himself for re-election;

  4. Appointment of Mr. Mukesh Gupta who retired by rotation and offered himself for re-election;

  5. Approval to remuneration of Messrs. S R B C & CO LLP, Chartered Accountants, Statutory Auditors of the Company, for conduct of audit for the financial year 2023-24;

==> picture [75 x 76] intentionally omitted <==

Special Business

  1. Appointment of Ms. Alka Marezban Bharucha as a Director and also as an Independent Director of the Company for a period of five years with effect from 12[th ] August, 2023;

  2. Re-appointment of Mr. Anand Nayak as a Director and also as an Independent Director of the Company for a period of five years with effect from 13[th ] July, 2024;

  3. Re-appointment of Mr. Ajit Kumar Seth as a Director and also as an Independent Director of the Company for a period of five years with effect from 13[th ] July, 2024;

  4. Appointment of Mr. Hemant Malik as a Director, liable to retire by rotation, and also as a Wholetime Director of the Company for a period of three years with effect from 12[th ] August, 2023, and approval for his remuneration;

  5. Re-appointment of Mr. Sanjiv Puri as a Director, not liable to retire by rotation, and also as the Managing Director & Chairman of the Company for a period of five years with effect from 22[nd ] July, 2024, and approval for his remuneration;

  6. Approval for remuneration by way of commission to the Non-Executive Directors, annually, for each of the five financial years commencing from 1[st ] April, 2024, ranging between� 1,00,00,000/- (Rupees One Crore only) and� 1,30,00,000/- (Rupees One Crore and Thirty Lakhs only), individually;

  7. Entering into Related Party Transactions with British American Tobacco (GLP) Limited, United Kingdom, during the financial year 2024-25, for an amount not exceeding � 2,350 Crores (Rupees Two Thousand Three Hundred and Fifty Crores only);

  8. Ratification of remuneration of Messrs. ABK & Associates, Cost Auditors for 'Wood Pulp' and 'Paper and Paperboard' products, for the financial year 2023-24 at

� 5,00,000/- (Rupees Five Lakhs only);

  1. Ratification of remuneration of Messrs. S. Mahadevan & Co., Cost Auditors for all applicable products of the Company, other than 'Wood Pulp' and 'Paper and Paperboard' products, for the financial year 2023-24 at � 6,50,000/- (Rupees Six Lakhs and Fifty Thousand only).

  2. The Chairman gave opportunity to the Members who had registered themselves as Speakers to ask questions or seek clarifications on the Agenda items. Thereafter, he responded to the queries raised / clarifications sought by the Members who spoke at the Meeting.

==> picture [76 x 76] intentionally omitted <==

  • E-voting facility was provided at the Meeting to those Members who had not cast their votes through remote e-voting. The facility to cast votes through remote e-voting was provided to the Members from 9.00 a.m. on 7[th ] August, 2023 till 5.00 p.m. on 1 o[th ] August, 2023.

  • The Chairman advised the Members that the Voting Results, along with the Scrutinizer's Report, would be made available on the Company's website and also on the website of National Securities Depository Limited. The Voting Results would also be forwarded to the National Stock Exchange of India Limited, BSE Limited and The Calcutta Stock Exchange Limited, where the Company's shares are listed.

The Meeting concluded at 2:06 p.m.

All the Resolutions for consideration at the 112[th ] AGM in respect of the items set out in the Notice dated 18[th ] May, 2023, have been passed by the Members by requisite majority through remote e-voting and e-voting during the AGM.

==> picture [89 x 5] intentionally omitted <==

----- Start of picture text -----

****
----- End of picture text -----**

==> picture [75 x 75] intentionally omitted <==

112[th ] Annual General Meeting (AGM) of ITC Limited - Details of Voting Results

Date of the AGM 11 thAugust, 2023
Total number of shareholders on record date: 31,53,104
(being the cut-of date for determining shareholders entitled to vote - 4thAugust, 2023)
No. of Shareholders present in the meeting either in person or through proxy:
Promoters and Promoter Group:
Public:
Not applicable
Not applicble
763
No. of Shareholders attended the meeting through Video Conferencing:
Promoters and Promoter Group:
Public:

Agenda-wise disclosure

ORDINARY BUSINESS

Item No. 1 - Adoption of the Financial Statements of the Company for the financial year ended 31[st ] March, 2023, the Consolidated Financial Statements for the said financial year and the Reports of the Board of Directors and the Auditors thereon.

thereon. thereon. thereon. thereon. thereon.
Resolution Required :
Whether promoter/ promoter group are interested in the agenda/ resolution
Categor
Mode of Voting
No. of
No. of
% of Votes
shares held as
votes polled
Polled on
on cut-off date
outstanding
shares
(1)
(2)
(3)=
1(2)/(1)]*100		 Ordinar Resolution
Not Applicable
No. of Votes
No. of Votes-
%of Votes
% of Votes
in favour
against
in favour on
against on votes
votes polled
polled
(4)
(5)
(6) =
(7)=
[(4)/(2)]100
[(5)/(2)]100
Promoter and Promoter E-Voting
Group
Poll
Postal Ballot
Total
Public-
E-Voting
Insttutons
Poll
Postal Ballot
Total		 0
10,63,45,98,861		 0
0.0000
0
0
N.A
N.A
N.A
N.A

N.A
N.A
N.A
N.A
0
0.0000
0
0
10,31,44,64,853
96.9897
10,31,41,72,152
2,92,701
N.A
N.A
N.A
N.A

N.A
N.A
N.A
N.A
0.0000
N.A
N.A

0.0000

99.9972
N.A
N.A

99.9972
0.0000

N.A
N.A

0.0000

0.0028
N.A
N.A

0.0028
Total 10,31,4,64,853
96.9897
4,62,64, 122
2.5278
N.A
N.A

N.A
N.A
10,31,41,72, 152

4,61,60,456

N.A

N.A
2,92,701

1,03,666
N.A
N.A
Public-
Non Institutions		 E-Voting•
Poll
Postal Ballot		 1,83,02,40,640
99.7759
N.A
N.A
0.2241

N.A
N.A
Total 4,62,64,122
2.5278
4,61,60,456
1,03,666
99.7759

99.9962
0.2241

0.0038
Total 12,46,48,39,501 10,36,07,28,975
83.1196
10,36,03,32,608
3,96,367

==> picture [75 x 76] intentionally omitted <==

Item No. 2 - Confirmation of Interim Dividend and declaration of Final Dividend and Special Dividend for the financial year ended 31[st ] March, 2023.

ended 31stMarch, 2023. h, 2023.
Resolution Required :
Whether promoter/ promoter group are		 : interestedinthe agenda/ resolution Ordinar Resolution
Category
Promoter and Promote
Group		 Mode of Voling
r E-Voting*
Poll
Postal Ballot		 No. of
shares held as
on cut-off date		 No.of
votes polled		 % of Votes
Polled on
outstanding
shares		 No. of Votes •
infavour		 No. of Votes
against		 % of Votes
infavour on
votes polled
(6)=
1(4)/(2)]*100
(1)
0		 (2)
0
N.A

N.A		 (3)=
(4)
[(2)/(1)]*100

0.0000
0
N.A
N.A

N.A
N.A		 (5)

0

N.A

N.A
0
N.A
N.A
0.0000

N.A

N.A

0.0000
0.0000

N.A

N.A

0.0000
Total 0
0.0000
0
10,41,04,75,637
97.8925
10,41,04,75,637
N.A
N.A
N.A

N.A
N.A
N.A


0
0
N.A
N.A
Public-
Institutions		 E-Voting*
Poll
Postal Ballot		 10,63,45,98,861
100.0000

N.A

N.A
0.0000

N.A

N.A
Total 10,41,04,75,637
97.8925
10,41,04,75,637		 0
100.0000
0.0000
Public-
Non Institutions		 E-Votng*
Poll
Postal Ballot		 4,60,72,013
2.5173
4,59,58,748
N.A
N.A
N.A
1,83,02,40,640
N.A
N.A
N.A
4,60,72,013
2.5173
4,59,58,748
1,13,265

N.A

N.A
99.7542

N.A

N.A
0.2458

N.A

N.A
Total 4,60,72,013
2.5173
4,59,58,748
1,13,265
99.7542
0.2458
Total 12,46,48,39,501 10,45,65,47,650
83.8883
10,45,64,34,385
1,13,265
99.9989
0.0011

Item No. 3 - Appointment of Mr. Sumant Bhargavan who retires by rotation and offers himself for re-election.

Resolution Required : Resolution Required : Ordinar Resolution Ordinar Resolution Ordinar Resolution Ordinar Resolution
Whether promoter/ promoter group are i
Category
Mode of Voting		 nterestedinthe agenda/ resolution :
No. of
No.of
%of Votes
shares held as
votes polled
Polled on
on cut-off date
outstanding
shares		 Not Applicable
No. of Votes •
No. of Votes •
%of Votes
%of Votes
infavour
against
in favour on
against on votes
votes polled
polled
%of Votes
in favour on
votes polled		 %of Votes
against on votes
polled
(1)
(2)
(3) =
(4)
(5)
(6)=
1(2)/(1))*100
[(4)/(2)1*100
0
0.0000
0
0
0.0000
N.A
N.A
N.A
N.A
N.A
0
N.A
N.A
N.A
N.A
N.A
0
0.0000
0
0
0.0000		 (7) =
1(5)/(2)]*100

0.0000

N.A

N.A
Promoter and Promoter
Group		 E-Voting
Poll
Postal Ballot
Total*
0
0.0000
0
0
0.0000
0.0000
Public-
Institutons
Public-
Non Institutions		 E-Voting*
Poll
Postal Ballot		 10,63,45,98,861
1,83,02,40,640		 10,40,92,03,615
N.A

N.A
97.8805
10,01 ,48,24,227
39,43,79,388
96.2112
N.A
N.A
N.A
N.A
N.A
N.A
N.A
N.A
3.7888

N.A

N.A
Total
E-Voting*
Poll
Postal Ballot		 10,40,92,03,615
4,59,90,649
N.A

N.A
97.8805
10,01,48,24,227
39,43,79,388
96.2112
3.7888

2.5128
4,51,07,796
8,82,853
N.A
N.A
N.A
N.A
N.A
N.A
2.5128
4,51,07, 796
8,82,853
98.0804
1.9196
N.A
N.A

N.A
N.A

98.0804
1.9196
Total 4,59,90,649
Total 12,46,48,39,501
10,45,51,94,264		 83.8775
10,05,99,32,023
39,52,62,241
96.2195
3.7805

==> picture [75 x 76] intentionally omitted <==

Item No. 4 - Appointment of Mr. Mukesh Gupta who retires by rotation. and offers himself for re-election.

**Item No. 4 - Appointment of Mr. Mukesh Gupta who retires by rotation. ** **Item No. 4 - Appointment of Mr. Mukesh Gupta who retires by rotation. ** **Item No. 4 - Appointment of Mr. Mukesh Gupta who retires by rotation. ** **Item No. 4 - Appointment of Mr. Mukesh Gupta who retires by rotation. ** **Item No. 4 - Appointment of Mr. Mukesh Gupta who retires by rotation. ** **Item No. 4 - Appointment of Mr. Mukesh Gupta who retires by rotation. ** and ofers himself for re-election. and ofers himself for re-election. and ofers himself for re-election. and ofers himself for re-election.
Resolution Required : Ordinar Resolution
Not Applicable
Whether promoter/ promoter group are interested in the agenda/ resolution :
Categor Mode of Voting
No.of
shares held as
on cut-off date
(1)
E-Votin*
Poli
Postal Ballot
0
Total		 No. of
votes polled
(2)
0
N.A

N.A		 % of Votes
Polled on
outstanding
shares		 No. of Votes -
No. of Votes -
in favour
against		 % of Votes
%of Votes
in favour on
against on votes
votes polled
polled
0
N.A
N.A		 (3) =
1(2)1(1))*100

0.0

N.A
N.A		 (4)
0

N.A

N.A		 (5) (6)=
1(4)/(2))*100		 (7) =
1(5)/(2))*100
Promoter and Promoter
Group
0

N.A

N.A
0.0000

N.A
N.A
0.0000

N.A

N.A
Total 0
0.0000
0
0
0.0000
0.0000
Public-
Institutons
 E-Voting*
Poll
Postal Ballot		 10,63,45,98,861 10,40,92,03,615
N.A

N.A
97.8805
N.A
N.A
9,97,88,95,790
N.A
N.A
43,03,07,825
N.A
N.A
95.8661

N.A

N.A
4.1339
N.A
N.A
Total
 10,40,92,03,615
97.8805
9,97,88,95,790
43,03,07,825
95.8661
4.1339
Publi-
Non Institutions		 E-Votin
Poll
Posta Ballot
1,83,02,40,640
Total*		 4,59,32,219
2.509
N.A
NA

N.A
N.A
4,57,41,192

NA
N.A
1,91,027

N.A

N.A
99.581
N.A
N.A
0.4159

N.A
N.A
4,59,32,219
2.5096
4,57,41, 192
1,91,027
99.5841
0.4159
Total 12,46,48,39,501 10,45,51,35,834
83.8770
10,02,46,36,982
43,04,98,852
95.8824
4.1176

Item No. 5 - Approval to remuneration of Messrs. 5 R B C & CO LLP, Chartered Accountants, Statutory Auditors of the Company, for conduct of audit for the financial year 2023-24.

Resolution Required : Resolution Required : Ordinar Resoluton Ordinar Resoluton Ordinar Resoluton
Whether promoter_I_promoter group are i nterested in the agenda/ resolution : Not Applicable
Categor
Mode of Voting		 No. of
shares held as
on cut-off date		 No.of
% of Votes
votes polled
Polled on
outstanding
shares		 No. of Votes
in favour		 No. of Votes -
% of Votes
against
in favour on
votes polled		 % of Votes
against on votes
polled
(1) (2) (3) =
[(2)/(1 ))*100		 (4) (5)
(6)=
[(4)/(2))*100		 (7)=
[(5)/(2)]*100
Promoter and PromoterE-Voting*
Group
Poll
Potal Ballot
Total		 0 0
N.A

N.A
0.0000
N.A
N.A
0
0.0000

N.A
N.A
N.A
NA
0.0000
N.A

N.A
0
0.0000
0
0.0000
0.0000
Public-
lnstitufons
Public-
Non Institutions		 E-Voting
Poli
Postal Ballot
Total
E-Voting
Po
Potal Ballot		 10,63,45,98,861
1,83,02,40,60		 10,40,92,03,613
N.A

N.A
7,09,51,991
99.3184
N.A
N.A
N.A
N.A
0.6816
N.A
N.A
10,40,92,03,613
4,59,86, 722
N.A

N.A
97.8805
10,33,82,51,622

2.5126
4,57,53,750
N.A
N.A
N.A
N.A
7,09,51,991
99.3184

2,32,972
99.4934
N.A
N.A
N.A
N.A
0.6816

0.5066

N.A
N.A

0.5066
0.6809
Total 4,59,86,722 2.5126
4,57,53,750
2,32,972
99.4934

7,11,84,963
99.3191
Total 12,46,48,39,501 10,45,51,90,335 83.8775
10,38,40,05,372

==> picture [76 x 76] intentionally omitted <==

SPECIAL BUSINESS

Item No. 6 - Appointment of Ms. Alka Marezban Bharucha as a Director and also as an Independent Director of the Company for a period of five years with effect from 1i[h ] August, 2023.

Resolution Required Resolution Required Interested In the agenda/ resolution :
No. of
No. of
% of Votes
shares held as
votes polled
Polled on
on cut-of date
outstanding
shares		 Interested In the agenda/ resolution :
No. of
No. of
% of Votes
shares held as
votes polled
Polled on
on cut-of date
outstanding
shares		 Interested In the agenda/ resolution :
No. of
No. of
% of Votes
shares held as
votes polled
Polled on
on cut-of date
outstanding
shares		 Special Resolution Special Resolution Special Resolution Special Resolution
Whether promoter/ promoter group are
Categor
Mode of Voting		 Not Applicable
No. of Votes -
No. of Votes •
% of Votes
%of Votes
in favour
against
in favour onagainst on votes
votes polled
polled
(4)
(5)
(6)=
(7) =
[(4)/(2)1*100
1(5)/(2)]*100
(1)
(2)		 (3)=
((2)/(1))*100		 (5) (6)=
[(4)/(2)1*100		 (7) =
1(5)/(2)]*100
Promoter and Promoter
Group		 E-Voting*
Poll
Postal Ballot		 0
N.A
0
N.A
0
0.0000

N.A

N.A
0
N.A

N.A

0
0
N.A
N.A
0.0000

N.A

N.A
0.0000
N.A
N.A
Total 0
0.0000
0
0.0000
0.0000

5.9523

N.A

N.A
Public-
Institutions		 E-Voting
Po
Potal Ballot
Total*		 10,63,45,98,861 10,31,94,50,627
N.A

N.A
97.0366

N.A

NA
9,70,52,07,030
N.A

N.A
61,42,43,597

N.A

N.A

61,42,43,597

9,69,150

N.A

N.A
94.0477

NA

N.A
10,31,94,50,627
97.0366
9,70,52,07,030

4,49,36,279
N.A
N.A
94.0477

97.8888

N.A

N.A
5.9523

2.1112
N.A
N.A
Public-
Non Institutions
Total		 E-Voting
Poll
Postal Ballot
Total*		 1,83,02,40,640
12,46,48,39,501		 4,59,05,429
N.A

N.A
4,59,05,429
10,36,53,56,056
2.5082

N.A

N.A

2.5082

83.1568
4,49,36,279
9,69,150

9,75,01,43,309
61,52,12,747
97,8888
2.1112

94,0647
5.9353

Item No. 7 - Re-appointment of Mr. Anand Nayak as a Director and also as an Independent Director of the Company for a period of five years with effect from 13[th ] July, 2024.

Resolution Required : Resolution Required : Special Resolution
Not Applicable		 Special Resolution
Not Applicable		 Special Resolution
Not Applicable		 Special Resolution
Not Applicable		 Special Resolution
Not Applicable
Whether promoter/ promoter group are interested In the agenda / resolution :
Category
 Mode of Voting
 No. of
No. of
%of Votes
shares held as
votes polled
Polled on
on cut-of date
outstanding
shares		 No. of Votes -
in favour		 No. of Votes
% of Votes
against
In favour on
votes polled		 % of Votes
against on votes
polled
(1)
(2)
(3)=
[(2)/(1))*100		 (4)
(5)
(6)=
((4)/(2)1*100		 (7)=
[(5)/(2)]*100
Promoter and Promoter
Group		 E-Votng*
Poll
Postal Ballot		 0
N.A
0
N.A
0
0.0000

N.A

N.A
0
0
0.0000
N.A
N.A
N.A

N.A
N.A
N.A
0.0000

N.A

N.A
Total 0
0.0000
0
0
0.0000

10,00,89,43,940
40,02,22,675
96.1551

N.A
N.A
N.A
N.A
N.A
NA

10,00,89,43,940
40,02,22,675
96.1551		 0
0
0.0000
0.0000
Public-
Institutions		 E-Voting
Poll
Postal Ballot
Total*
 10,40,91,66,615
N.A
10,63,45,98,861
N.A
10,40,91,66,615
97.8802

N.A
N.A		 96.1551
N.A
NA

96.1551
3.8449

N.A

NA

**3.8 9 **
10,40,91,66,615
97.8802
10,00,89,43,940
40,02,22,675
Public·
Non Institutions		 E-Voin*
Poll
Postal Ballot
Total		 4,59,29,025
N.A
1,83,02,40,640
N.A
4,59,29,025
2.5095
N.A
N.A
4,50,84,544
8,44,481
N.A
N.A
N.A
N.A
4,50,84,544
8,44,481		 98.1613
N.A
N.A
98.1613		 1.8387
N.A
N.A
1.8387
4,59,29,025 2.5095
Total 12,46,48,39,501
10,45,50,95,640		 83.8767 10,05,40,28,484
40,10,67,156		 96.1639
3.8361

==> picture [75 x 76] intentionally omitted <==

Item No. 8 - Re-appointment of Mr. Ajit Kumar Seth as a Director and also as an Independent Director of the Company for a period of five years with effect from 13[th ] July, 2024.

Resolution Required :
Whether promoter/ promoter group are		 Resolution Required :
Whether promoter/ promoter group are		 InterestedInthe agenda / resolution InterestedInthe agenda / resolution InterestedInthe agenda / resolution InterestedInthe agenda / resolution Special Resolution
Not Applicable		 Special Resolution
Not Applicable		 Special Resolution
Not Applicable		 Special Resolution
Not Applicable
Category Mode of Voting No. of
shares held as
on cut-off date		 No.of
votes polled'		 % of Votes
Polled on
outstanding
shares		 No. of Votes •
in favour		 No. of Votes •
against		 % of Votes
infavour on
votes polled		 % of Votes
against on votes
polled
(1) (2) (3)=
[(2)/{1)]*100		 (4) (5) (6)=
[(4)/{2)]*100		 (7) =
[(5)/{2)]*100
Promoter and Promote
Group		 r E-Voting*
Poll
Postal Ballot		 0 0
N.A
N.A
0.0000
N.A
N.A
0

N.A

N.A
0

N.A

N.A
0.0000

N.A

N.A
0.0000

N.A
N.A
Total 0
0.0000
0
0
0.0000
0.0000
Public-
Institutons		 E-Voting*
Poll
Postal Ballot		 10,63,45,98,861 10,40,92,03,615
N.A

N.A
10,40,92,03,615
97.8805
10,40,21, 16,125

N.A
N.A
NA
N.A

97.8805
10,40,21,16,125
70,87,490

N.A

N.A
99.9319
0.0681

N.A
N.A

N.A
N.A
Total
70,87,490
99.9319
0.0681
Public-
Non Institutions		 E-Volng*
Po
Postal Ballot		 4,59,03, 149
N.A
1,83,02,40,640
N.A
4,59,03, 149
2.5080
4,57,37,185
N.A
N.A

N.A
N.A
1,65,9
N.A
N.A
99.638
0.3616
N.A
N.A
N.A
N.A
Total 4,59,03, 149
2.5080
4,57,37, 185
1,65,964
99.6384
0.3616

99.9306
0.0694
Total 12,46,48,39,501
10,45,51,06,764
83.8768
10,44,78,53,310
72,53,454

Item No. 9 - Appointment of Mr. Hemant Malik as a Director, liable to retire by rotation, and also as a Wholetime Director of the Company for a period of three years with effect from 12[th ] August, 2023, and approval to his remuneration.

Resolution Required Resolution Required Resolution Required Ordinary Resolution Ordinary Resolution Ordinary Resolution
Whether promoter/ promoter group are
Category
Mode of Voting
 interestedinthe agenda/ resolution :
No.of
No.of
% of Votes
shares held as
votes polled
Polled on
on cut-off date
outstanding
shares		 Not Applicable
No. of Votes •
No. of Votes •
% of Votes
% of Votes
infavour
against
Infavour on
against on votes
votes polled
polled
(1) (2) (3)=
[(2)/{1))"100		 (4)
(5)		 (6)=
1(4)/(2)]·100		 (7) =
11s)<2ir100
Promer and PromoterE-Votin
Group
Poll
Postal Ballot
Total*		 0 0
N.A

N.A
0.0000
N.A
N.A		 0
0
N.A
N.A
N.A
N.A		 0.00
N.A
N.A		 0.0000
N.A
N.A
0
0.0000		 0
0
10,06,74,69,534
34,17,34,081
N.A
N.A
N.A
N.A		 0.0000
96.7170
N.A
N.A
0.0000
3.2830
N.A
N.A
Public-
lnslitutions		 E-Voting
Poll
Postal Ballot
Total*		 10,63,45,98,861 10,40,92,03,615
N.A

N.A
97.8805
N.A
N.A
10,40,92,03,615
97.8805		 10,06,74,69,534
34, 17,34,081		 96.7170
3.2830
0.4679
N.A
N.A
Public-
Non Insttutions		 E-Voting*
Poll
Postal Ballot		 1,83,02,40,640 4,59,27,734
N.A

N.A
4,59,27,734		 2.5094
4,57, 12,831
2,14,903
N.A
N.A
N.A
N.A
N.A
N.A
2.5094
4,57, 12,831
2,14,903		 99.5321
N.A
N.A
Total 99.5321 0.4679
Total 12,46,48,39,501
10,45,51,31,349		 83.8770
10,11,31,82,365
34,19,48,984		 96.7294 3.2706

==> picture [75 x 75] intentionally omitted <==

Item No. 10 - Re-appointment of Mr. Sanjiv Puri as a Director, not liable to retire by rotation, and also as the Managing Director & Chairman of the Company for a period of five years with effect from 22[nd ] July, 2024, and approval to his remuneration.

remuneration.
Resolution Required Ordinary Resolution
Whether promoter/ promoter group are interestedinthe agenda / resolution Not Applicable
Category
Promte and Prote
Group		 Mode of Voting
 No.of
No.of
shares held as
votes polled
on cut-ofdate		 %of Votes
Polled on
outstanding
shares		 No. of Votes •
infavour		 No. of Votes •
against		 %of Votes
infavouron
votes polled		 %of Votes
against on votes
polled
(1)
(2)		 (3)=
[(2)/(1))*100		 (4) (5) (6)=
1(4)/(2))*100		 (7)=
1(5)/(2))*100
rE-Votng•
Poll
Postal Ballot		 0
N.A
0
N.A
0
0.0000

N.A

N.A
0.0000
0

N.A

N.A

0
0

N.A

N.A

0
0.0000

N.A

N.A

0.0000
0.0000
N.A
N.A

0.0000

3.2650

N.A
N.A
Total
Public-
Institutons		 E-Votng•
Poll
Postal Ballot		 10,40,91,66,613
N.A
10,63,45,98,861
N.A
10,40,91,66,613
97.8802

N.A

N.A
10,06,93,05,804

N.A

N.A
33,98,60,809
96.7350

N.A
N.A
N.A
N.A
Total
97.8802
10,06,93,05,804
33,98,60,809
96.7350
3.2650
Public-
Non Insttutions		 E-Votng
Po
Postal Ballot
Total*		 4,59,87,690
2.5127
N.A
N.A
1,83,02,40,640
N.A
N.A
4,59,87,690
2.5127
4,51,87,987

N.A

N.A
7,99,703
98.2610
N.A
N.A
N.A
N.A
1.7390
N.A
N.A
4,59,87,690
2.5127
4,51,87,987
7,99,703
98.2610
1.7390
Total 12,46,48,39,501
10,45,51,54,303
83;8772
10,11,44,93,791
34,06,60,512
96.7417
3.2583

Item No. 11 - Approval for remuneration by way of commission to the Non-Executive Directors, annually, for a period not exceeding five years, for each of the financial years commencing from 1[st ] April, 2024.

exceeding five years, for each exceeding five years, for each of the financial years commencing from 1stApril, 2024. of the financial years commencing from 1stApril, 2024. of the financial years commencing from 1stApril, 2024. of the financial years commencing from 1stApril, 2024. of the financial years commencing from 1stApril, 2024. of the financial years commencing from 1stApril, 2024. of the financial years commencing from 1stApril, 2024. of the financial years commencing from 1stApril, 2024. of the financial years commencing from 1stApril, 2024.
Resolution Required : Ordinary Resolution
Interestedinthe agenda / resolution
Not Applicable
Whether promoter/ promoter group are
Category Mode of Voting No. of
shares held as
on cut-off date		 No. of
%of Votes
No. of Votes
No. of Votes •
%of Votes
votes polled
Polled on
in favour
against
infavour on
outstanding
votes polled
shares
(2)
(3)=
(4)
(5)
(6)=
1(2)/(1))*100
[(4)/(2)]*100
0
0.0000
0
0
0.0000
N.A
N.A
N.A
N.A
N.A
N.A
N.A
N.A
N.A
N.A		 %of Votes
against on votes
polled
(1) (2) (6)=
[(4)/(2)]*100		 (7)=
[(5)/(2)]*100
Promoter and Promote
Group		 rE-Voting•
Poll
Potal Ballot
Total		 0
N.A
N.A
0.0000
0
0

N.A
N.A
N.A
N.A
N.A
N.A
0.0000
N.A
N.A
0.0000
N.A
N.A
0 0.0000 0
0

10,37,91,56,885
3,00,46,730
N.A
N.A
N.A
N.A		 0
0		 0.0000 0.0000
Public-
Institutions
Public-
Non Institutions		 E-Voting*
Poll
Postal Ballot		 10,40,92,03,615
N.A
10,63,45,98,861
N.A
10,40,92,03,615
97.8805
N.A
N.A
3,00,46,730
N.A
N.A
99.7113
N.A
N.A		 0.2887
N.A
N.A
Total 97.8805 10,37,91,56,885 3,00,46,730 99.7113 0.2887
E-Voting*
Poll
Postal Ballot		 4,59,21,450
N.A
1,83,02,40,640
N.A
4,59,21,450
12,46,48,39,501
10,45,51,25,065		 2.5090
N.A
N.A
4,53,75,134
N.A
N.A		 5,46,316
N.A
N.A		 98.8103
N.A
N.		 1.1897
N.A
N.A
Total 4,59,21,450 2.5090 4,53,75, 134 5,46,316 98.8103
99.7074		 1.1897
0.2926
Total 83.8769 10,42,45,32,019 3,05,93,046

==> picture [76 x 76] intentionally omitted <==

Item No. 12 - Entering into Related Party Transactions with British American Tobacco (GLP) Limited, United Kingdom, during the financial year 2024-25.

Resolution Required
Whether promoter/ promoter group are
Category
Mode of Voting
 Resolution Required
Whether promoter/ promoter group are
Category
Mode of Voting
 InterestedInthe agenda/ resolution
No.of
No. of
%of Votes
shares held as
votes polled
Polled on
on cut-ofdate
outstanding
shares		 InterestedInthe agenda/ resolution
No.of
No. of
%of Votes
shares held as
votes polled
Polled on
on cut-ofdate
outstanding
shares		 Ordinary Resolution Ordinary Resolution Ordinary Resolution Ordinary Resolution
Not Applicable
No. of Votes
No. of Votes
%of Votes
% of Votes
infavour
against
infavouron
against on votes
votes polled
polled
No. of Votes
against		 %of Votes
% of Votes
infavouron
against on votes
votes polled
polled
(1)
(2)
(3)=
((2)/(1)]*100		 (4) (5) (6)=
((4)/(2))*100		 (7)=
((5)/(2)]*100
Proter and Promte
Grop		 rE-Votn
Poll
Postal Ballot
Total*		 0 0
0.0000
N.A
N.A

N.A
N.A
0
0.0000
0

N.A
N.A

0
0
N.A

N.A

0
0.0000
N.A
N.A

0.0000
0.0000
N.A

N.A

0.0000
Public-
Institutions		 E-Voting
Poll
Postal Ballot
Total*		 10,63,45,98,861 6, 78,95,89,465
63.8443
N.A
N.A

N.A
N.A
6,78,95,89,465

N.A
N.A
0

N.A
N.A

0
100.0000

N.A
N.A
0.0000

N.A
N.A
6,78,95,89,465
63.8443
6,78,95,89,465
100.0000
0.0000
Public-
No Insttutions
Total		 E-Votng
Poll
Postal Ballot
Total*		 1,83,02,40,640
12,46,48,39,501		 3,76,29,382
2.0560
N.A
N.A

N.A
N.A
3,76,29,382
2.0560

6,82,72,18,847
54.7718
3,73,66, 161
N.A

N.A
2,63,221

N.A
N.A
99.3005

N.A

N.A
0.6995

N.A

N.A

3,73,66,161

6,82,69,55,626
2,63,221
99.3005
0.6995

2,63,221
99.9961
0.0039

• Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, related parties of the Company were not eligible to vote to approve this Resolution.

Item No. 13 - Ratification of remuneration of Messrs. ABK & Associates, Cost Auditors, for the financial year 2023-24.

Resolution Require : Resolution Require : interestedinthe agenda/ resolution interestedinthe agenda/ resolution interestedinthe agenda/ resolution Ordinary Reluton Ordinary Reluton Ordinary Reluton Ordinary Reluton
Whether promoter/ promoter group are Not Applicable
Category
Mode of Voting		 No. of
No. of
shares held as
votes polled
on cut-off date		 %ofVotes
Polled on
outstanding
shares		 No. of Votes
in favour		 No. of Votes -
% of Votes
% of Votes
against
in favour on
against on votes
votes polled
polled
(1)
(2)		 (3)=
1(2)/(1)]*100		 (4) (5) (6)=
(7)=
((4)/(2))*100
1(5)/(2))*100
Promoter and Promoter E-Votn
Group
Po
Potal Ballot
Total*		 0
N.A
0
N.A
0
0.0000

N.A
N.A
0
N.A

N.A
0
N.A
N.A
0.0
0.0000
N.A
N.A

N.A
N.A
Total 0
0.0000
0
0
0.0000
0.0000
Public-
Institutions		 E-Voting*
Poll
Postal Ballot		 10,63,45,98,861 10,40,76,22,141
N.A

N.A
97.8657
N.A
N.A
10,40,76,22,141
N.A
N.A
0
N.A
N.A
100.0000
N.A
N.A

100.0000
0.0000
N.A
N.A

0.0000
Total 10,40,76,22,141
97.8657
10,40,76,22,141
0
Public-
Non Institutions		 E-Voting*
Poll
Postal Ballot		 1,83,02,40,60 4,59,30,961
N.A

N.A
2.5096
N.A

NA
4,57,94,642
N.A
NA
1,36,319
N.A

NA
99.7032
N.A
N.A
0.2968

N.A
N.A
Total 4,59,30,961
2.5096		 4,57,94,642 1,36,319
99.7032

99.9987		 0.2968
0.0013
Total 12,46,48,39,501 10,45,35,53, 102
83.8643		 10,45,34,16,783
1,36,319

==> picture [76 x 76] intentionally omitted <==

Item No. 14 - Ratification of remuneration of Messrs. S. Mahadevan & Co., Cost Auditors, for the financial year 2023-24.

Resolution Required : Resolution Required : Resolution Required : Ordinar Resolution Ordinar Resolution Ordinar Resolution Ordinar Resolution
Whether promoter/ promoter group are I
 nterestedin theagenda/ resolution : Not Applicable
Categor
Mode of Voting
Promoter and ProoterE-Votng
Group
Poll
Postal Ballot
Total*		 Categor
 Mode of Voting
 No. of
shares held as
on cut-of date		 No. of
votes polled		 %of Votes
Polled on
outstanding
shares		 No. of Votes -
infavour
(4)		 No. of Votes -
against		 %of Votes
%of Votes
infavouronagainst on votes
votes polled
polled
(6)=
(7)=
1(4)/(2))*100
((5)/(2))*100
(1) (2)
(3)=
((2)/(1 )]*100		 (5) (6)=
1(4)/(2))*100
0 0
0.0
N.A
N.A

N.A
N.A		 0

N.A
N.A

0
0

N.A
N.A
0.0
N.A

N.A
0.0000
N.A

N.A

0.0000
0
0.0000
0
0.0000
Public-
Institutions		 E-Voting*
Poll
Postal Ballot		 10,63,45,98,861 10,40,76,22,141
N.A

N.A
97.8657

N.A
N.A
10,40,76,22, 141

N.A
N.A
0
N.A
N.A
100.0000
N.A

N.A
0.0000

N.A

N.A
Total
 10,40,76,22, 141
97.8657
10,40,76,22,141
0
100.0000
0.0000
Public-
Non Insttutions		 E-Votng
Poll
Postal Ballot
Total*		 1,83,02,40,60 4,59, 17,807
N.A

N.A
4,59,17,807		 2.5088
N.A
N.A
4,57,70,633

N.A
N.A
1,47,174
N.A
N.A
99.6795

N.A

N.A
0.3205
N.A

N.A
2.5088
4,57,70,633
1,47,174
99.6795
0.3205
Total 12,46,48,39,501
10,45,35,39,948
83.8642
10,45,33,92,774
1,47,174
99.9986
0.0014

* aggregate of votes cast through remote e-voting (i.e. facility to cast vote prior to the _AGM) and e-voting during the_ _AGM.**_

All the Resolutions for consideration at the 112 [th ] AGM in respect of the items set out in the Notice dated 18 [th ] May, 2023, have been passed by the Members by requisite majority through remote e-voting and e-voting during the AGM.

==> picture [76 x 76] intentionally omitted <==

More from ITC Ltd

Regulatory Filings 2026
May 22
Regulatory Filings 2026
May 22
Annual Report 2026
May 21
Investor Presentation 2026
May 21
Investor Presentation 2026
May 21
Interim / Quarterly Report 2026
May 21
Report Publication Announcement 2026
May 21
Annual Report 2026
May 21
Earnings Release 2026
May 21
Earnings Release 2026
May 21
View all filings →