ITC Ltd — Capital/Financing Update 2020

Jul 29, 2020

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29[th] July, 2020

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,

Subscription to initial capital of ITC IndiVision Limited

Reference is made to our letter dated 9[th] July, 2020 advising that the Company has incorporated a wholly owned subsidiary in the name of ‘ITC IndiVision Limited’ (‘IIVL’).

We now write to advise that the Company has today subscribed to 10,00,000 Equity Shares of 10/- each of IIVL, aggregating 1 crore. Consequently, IIVL has become a wholly owned subsidiary of the Company with effect from today i.e. 29[th] July, 2020.

Yours faithfully, ITC Limited (R. K. Singhi) Executive Vice President & Company Secretary

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