ITC announces Calcutta Stock Exchange delisting, board appointments

ITC Limited has announced its voluntary delisting of Ordinary Shares from The Calcutta Stock Exchange Limited (CSE), effective November 11, 2025. This decision was necessitated by the suspension of CSE's trading operations by SEBI for several years, resulting in no trading activity for ITC's shares on the exchange. The company assures investors that the delisting will not adversely affect them, as its shares will remain listed on the National Stock Exchange of India Limited and BSE Limited.

In a separate development, ITC Limited will conduct a postal ballot for the appointment of Amitabh Kant as an independent director for five years from January 1, 2026, and the re-appointment of Hemant Malik as a wholetime director for two years from August 12, 2026. Mr. Kant's remuneration will range between ₹1,00,00,000 and ₹1,30,00,000 per annum, while Mr. Malik will receive a basic/consolidated salary of ₹16,12,000 per month, plus other perquisites.

Remote e-voting for the postal ballot will commence on Sunday, November 16, 2025, at 9:00 a.m. (IST) and conclude on Monday, December 15, 2025, at 5:00 p.m. (IST). Results are expected to be declared on Tuesday, December 16, 2025, at 4:00 p.m. (IST).