ITC Ltd — Regulatory Filings 2023

Jul 10, 2023

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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

7[th] July, 2023

BSE Limited P. J. Towers Dalal Street Mumbai 400 001

Kind attn.: Mr. Harshad Naik, Deputy Manager, Listing Compliance

Dear Sir,

News Clarification

Reference is made to your e-mail dated 6[th] July, 2023 with respect to a news item which appeared on ‘www.livemint.com’ on 5[th] hotel business underway”.

We write to advise that as stated in the Company’s Annual Report, the Company remains committed to implement its ‘asset-right’ strategy with respect to the Hotels Business, focus on sweating existing assets, create additional revenue streams and pursue alternate structures in line with industry recovery dynamics towards engendering the next horizon of growth as also enhancing value creation.

We reiterate that if and when there is any material development with respect to the affairs of the Company, the Stock Exchanges will be kept advised, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the Company’s Policy for determination of materiality of events and information for disclosure to the Stock Exchanges.

Yours faithfully, ITC Limited RAJENDRA Digitally signed by RAJENDRA KUMAR KUMAR SINGHI Date: 2023.07.07 SINGHI 10:33:08 +05'30' (R. K. Singhi) Executive Vice President & Company Secretary

FMCG  HOTELS  PAPERBOARDS & PACKAGING  AGRI-BUSINESS  INFORMATION TECHNOLOGY Visit us at www.itcportal.com  Corporate Identity Number : L16005WB1910PLC001985  e-mail : enduringvalue@itc.in