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Twenty First Century Management Services Ltd

ITC Ltd

BSE : 500875|NSE : ITC|ISIN : INE154A01025

ITC Ltd Company History

ITC ITC is one of India's foremost private sector companies with a Gross Revenue of ? 69,481 crores and Net Profit of ? 18,753.31 crores (as on 31.03.2023). ITC has a diversified presence in FMCG, Hotels, Packaging, Paperboards & Specialty Papers and Agri(Source : Company Web-site)

1910
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1954
1970
1972
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1975
1976
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1980
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1910

On 24th August the Company was incorporated as a Private Limited Company under the name, Imperial Tobacco Co. of India Ltd. The Company manufacture and distribute cigarettes and smoking tobaccos and speciality papers including cigarette tissue papers (Sole manufacturer in the country). Other activities include tobacco leaf processing, printing and

packaging, hotels, food and exports.

1910

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1953

The Company acquired the manufacturing business of Tobacco Manufacturers (India) Ltd., and the Complementary Lithographic printing business of Printers (India) Ltd.

1953

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1954

The Company was converted into a Public Limited Company on 27th October.

1954

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1970

The name of the Company was changed from the Imperial Tobacco Co. of India Ltd., to India Tobacco Co. Ltd., in May.

5,00,000 Right shares issued to Indian shareholders (prem. Rs 3 per shares). 32,90,000 No. of Equity Shares offered to the public (prem. Rs. 3 per share).

1970

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1972

On October Company entered into hotel business.

1972

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1973

Company received the approval of Govt. for setting up three processing plants.

1973

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1974

On 1st April name again changed to I T C Ltd.

During this period an offer for sale of 28,04,775 equity shares at par was made to the Indian public by the three major non-resident shares holders viz., Tobacco manufactures (India)

Ltd, Tobacco Investments Ltd., and Rothmans International Ltd. all of UK.

1974

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1975

ITC Ltd Purchased the net asset in India of India Leaf Tobacco Development Co. Ltd. (UK).

1975

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1976

During December some foreign shareholders offered a total of 38,00,000 No. of equity shares of Rs 10 each at a premium of Rs 5.00 for sale to reduce the foreign equity holding of the

Company to 40%. The shares offered were 10,95,774 shares by Tobacco Manufacturers (India) Ltd., 26,42,216 shares by Tobacco Investments Ltd., U.K., and 57,010 shares by Rothmans International Ltd., U.K.

1976

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1978

37,90,000 Bonus shares issued in prop. 1:5.

1978

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1979

The name of the Company's chain of hotels was changed from "Welcom Hotels" to "Welcomgroup". The company entered into a Marketing Service and Reservations Agreement with the Sheration International Incorporated which was sactioned by Govt. on 27th

January.

1979

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1980

45,48,000 Bonus shares issued in prop. 1:5.

1980

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1983

A new Company under the name Gujarat Hotels was incorporated under a joint venture agreement signed between the Company and Gujarat Industrial Investment Corporation. This Co. had set up a 144-room hotel at Vadodara known as Welcomegroup Vadodara.

The Company is holding 24.9% of the subscribed equity capital of Rs 348 lakhs of Gujarat Hotels Ltd., as on 31.03.1993.

1983

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1984

29,38,050 shares allotted to bondholders in exchange of accrued interest on 1.7.1984.

1984

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1985

29,42,060 Shares allotted to bondholders in exchange of accrued interest.

1985

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1986

The Company signed a joint venture agreement with MP Audyogik Vikas Nigam for setting up of four hotels over the next five years.

ITC Filtrona Ltd. a 50:50 joint venture Company promoted by the Company and Filtrona International Ltd. UK. The Company manufactures high technology filters for the cigarette industry.

1986

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1987

New brands viz., Wills Flake Premium Filter and Scissors Filter were introduced. Long-term agreements were entered into with the unions of factories located at Calcutta, Saharanpur and

Munger. In Bangalore, however, working was affected by a strike for 114 days.

The Company acquired Nedovs Hotel, Srinagar on lease. An agreement was concluded for building a new hotel in Jaipur and the hotel division added another 30 rooms in Mughal Sheraton, Agra, to cater to the growing demand.

1987

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1988

In May the company formed a new division called Agribusiness Division for carrying out research and development on production and distribution of high yielding cultivars with emphasis on oil seeds, marketing of edible oils in bulk and consumer packs and

export of agricultural produce.

A Memorandum of Understanding was signed with the authorities to open an Indian restaurant in Odessa, U.S.S.R.

The Company subscribed for 11,86,157 No. of equity shares of Rs 10 each for cash at par in the equity capital of PABL.

Different varities of oilseeds under the brand name of "ADARSH" and cooking oil under "SUNDROP" were launched.

New investments were made in water and bulk liquid packaging project. The Company explored the possibility of setting up a new software development centre in India with ability to access Company's customers' computers abroad through data communication

links.

A major part of the business of India Leaf Tobacco Development Co. Ltd., (U.K.) (ILTD) consisted of its operations in India where it operated as a sister concern of the Company. ILTD was a pioneer in introducing Virginia tobacco to India and over the year, developed into a highly efficient enterprise, besides being a very large exporter of tobacco. The Company purchases, with effect from 1st April, 1975, the net assets in India of ILTD whereupon it became a division of the Company.

1988

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1989

During the year Company entered into a foreign collaboration agreement with Liqui Box Corporation of U.S.A. for manufacture of Plastic bags dispensing valves and filments, Industrial

Machinery for use with packaging and filling system for manufacture at the company's industrial unit at Thiruvottiyur in Tamil Nadu.

331,68,110 Bonus Equity shares issued in prop. 1:1.

The Company proposed to evaluate a methodology for extraction of tobacco protein and solenesol and also investigate on the feasibility of converting tobacco waste into reconstituted

waste.

Due to political disturbances in Kashmir, the project work at hotel Nedovs in Srinagar was suspended. The Bukhara restaurant was franchised to the Sheraton hotel in Hongkong also.

1989

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1990

Refined mustard oil under the brand name "REAL GOLD" was introduced in the market.

On 1st April Tribeni Tissues Ltd was amalgamated with the Co. As per the terms of the merger, 5 equity shares of Rs.10 each of the company were issued at par without payment in cash for every six equity shares of Rs.10 each held in TTL. Accordingly, 105,95,070 No. of Equity shares were allotted to the shareholders of the erstwhile TTL.

1990

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1991

The company entered into an agreement with MISR Import & Export Co. A.R.E Cairo, Egypt for the export of tea to Egypt on Commission at the rate of 3% payable in U.S. Dollars on the

FOB/C&F value of each transaction.

Company proposed to enter and agreement with National Trading & Developing Establishment, Abu Dhabi for export of safety matches to UAE on commission at the rate of 3% on FOB value of each transaction.

Company proposed to enter and agreement with a firm under the name of Jalil Rastar, Tehran, Iran for export of tea to Iran on commission at the rate of 5% on the FOB/C&F value of each

transaction.

1991

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1992

Since January there was labour unrest at Tribeni Tissues paper mill which led to a lockout at the mill with effect from 27th May.

On 8th April, ITC Global Holdings Pte. Ltd was incorporated in Singapore a wholly owned trading subsidiary of the Company.

During the same period a wholly owned subsidiary ITC Infotech Ltd. incorporated in UK with an authorised capital of US $ 2 million and paid up capital of US $5 lakh.

1992

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1993

The hybrid seeds business was being repositioned in the newly formed ITC Zere Co. Ltd., a joint venture paticipation with Zere Co. Plc of UK.

The Company successfully launched Hero brand Cigarettes.

During this period a finacial service division was formed. Companies Associated, ITC Classic Finance Ltd, proposed to enter a joint venture with Peregrine Group of Hong Kong through a new company, ITC Peregrine Capital Pvt. Ltd. to commence investment banking and brokerage services business.

In October the Company issued 45,00,000 Global Depository Receipts representing 45,00,000 ordinary shares. Three offered GDRs were to be issued with one warrent to subscribe for one

warrant GDR upon payment of US $ 15.30.

Two new brands viz., `Classic Milds' and `Hero' were launched at the premium and small-length ends respectively.

1993

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1994

Company propose to sell various edible oil brands to ITC Agro Tech Ltd. for a consideration of Rs.25 crores.

On 21st February Tiruvottiyur establishment resumed following a tripartie settlement.

121,318,177 bonus equity shares issued in propn. 1:1, 2,85,550 No. of equity shares issued on conversion of 1,85,450 warrants.

Company introduced scissors standard.

ITC classic finance entered into arrangemnt for launching mutual funds ITC Classic Finance had set up a Company to enable operation in real estate and also a home finance Co. to provide finance to a range of buyers in the Commercial/Home Property

markets.

1994

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1995

Company introduced capstan Menthol filter, capstan standard and Bristo standared and re-designed Gold Flake Kings and Berkley Filter. Further, Gold Flake Lights in Kingsize was

introduced into test markets.

The consideration of the edible oil business could not be completed due to adverse business conditions experienced by the ITC Agro-Tech Ltd.

During the year a new company ITC Classic Threadneedls AMC, a joint venture between ITC Classic Finance Ltd. and Threadneedle Asset Management was formed to launch a series of Mutual Funds.

25,78,150 No. of Equity shares allotted on exercise of 12,89,075 warrants on payment of U.S. $15.30 per warrant.

1995

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1996

Company purchased Mantralayam undertaking for a consideration of Rs.115.80 crores aganst settlement of all dues. The plant has since been licensed back to ITC Agro-tech for five years.

The Company has launched `Classic Ultra Milds' and `Wills Natural Lights' brands during the year.

1996

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1997

ITC Classic Finance Ltd. was amalgamated with ICICI Ltd.

ConAgra Inc. U.S.A., invested in ITC Agro-Tech Limited by way of preferential allotment of over 51% equity, through its Mauritius based subsidiary, CAG-TECH Limited.

Having taken an in-principle decision to acquire the businesses, the ITC board has set up an internal committee to go into the nitty-gritty of the real estate business in CIDL.

City based Indian Tobacco Company workers will go on a day-long strike on December 26, in protest against the management's move to retrench 416 workmen from its cigarette

manufacturing unit.

1997

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1998

ITC Ltd has signed an agreement with National Securities Depository Ltd (NSDL) to get its securities admitted for dematerialisation.

ITC Ltd is one of the most liquid scrips in the capital market. With domestic institutions having a considerable stake in this counter, this move is likely to improve liquidity in

demat trading.

ITC Ltd has undertaken a comprehensive exercise to restructure all its wholly-owned subsidiaries to align them with the four thrust areas viz., tobacco, hotels, paper and paperboards and printing and packaging.

ITC has nearly 105 subsidiaries, which are involved in various kinds of operations.

1998

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1999

Tobacco gaint ITC has raised its stake in paper and paperboards subsidiary, ITC Bhadrachalam Paperboards, from 37% to 51% through a preferential allotment of equity shares. This follow the allotment, by the board of ITC Bhadrachalam Paperboards, of 1,91,20,000 No. of equity shares of Rs. 10 each for cash, at an issue price of Rs. 65 per share and 11% redeemable cumulative-preference shares of the face value of Rs 100 each, for cash, at par to promoter company ITC.

ITC will set up a new tobacco processing department (TPD) because the increased production will make it economical to process tobacco on site.

The Anaparti factory of ITC Ltd -- ILTD division, received the Rajiv Gandhi National Quality award for 1995.

Mr. K.S. Rao, Chief Executive of the ILTD division of ITC, received the award from the Union Minister for Chemical, Fertilisers, Food and Consumer Affairs, Mr. Surjit Singh

Barnala, at Vigyan Bhavan.

1999

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2000

ITC Infotech Ltd, the UK-based, wholly-owned subsidiary of the Company, and Compaq Computer (I) Pvt. Ltd. signed an MoU aimed at exploring business opportunities for deploying e-enabled solutions.

The Company has launched a project "e-Choupal" in Bhopal to Web-enable farmers to make a beginning in agricultural e-trade.

ITC Ltd its entry into retailing business by launching branded leisurewear apparels as part of its diversification strategy into new areas.

The Company is hiving off its Infotech services businesses in India, the US and UK and merging them into a separate wholly-owned subsidiary.

The IT division has entered into agreements with Compaq and expand the IT business.

The company set up the Lifestyle Retailing Business Division. A strategic Business Unit for the greeting cards business was set up under the Packaging and Printing Division.

ITC has launched Wills Sport, a full range of internationally styled premium wear for men and women.

ITC Infotech Ltd., the recently-launched it subsidiary of ITC Ltd., has become one of the select software organisations in the world to achieve the distinction of being certified at Level-5

on the prestigious Capability Maturity Model.

Tobacco Company ITC launched a website, billed as `one stop terminus' for international customers of agricultural commodities. The website, ww.itcibd.com, will provide

information on trading of key commodities.

The Company have set up units in the north-eastern States to avail of special incentives relating to Central excise duties.

On 21th August, ITC Infotech India Limited became a wholly owned subsidiary of the company. Ansal Hotels Limited became a subsidiary of ITC Hotels Limited effective from 12th July.

The Board of the company has recommended an employee stock option scheme.

ITC Ltd. has proposed an Employee Stock Option Plan where ordinary shares up to 5 per cent of the issued and subscribed capital will be issued to employees.

Having carved a niche for itself by launching the first branded lifestyle apparel, Wills Sport, in Delhi in July 2000, the Lifestyle Retailing Business Division of ITC Limited has now

big plans up its sleeve.

ITC Ltd, the Rs 8,816 crore cigarette and hotels company, has decided to merge its subsidiary, the Rs 623 crore ITC Bhadrachalam Paperboards Ltd, with itself.

2000

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2002

ITC Ltd has informed that the Board of Directors, appointed Mr. J.B. Stevens as an Additional Non-Executive Director of the Company and the Board accepted the resignation of Mr. A.A. R.

Rodrigures.

ITC Ltd has informed BSE that a large number of workmen have resumed work at the company's printing factory at Tiruvottiyur Chenna.

ITC Ltd, which has acquired a shade over 14 per cent in EIH Ltd, which owns the Oberoi chain of hotels.

ITC Ltd. has informed the Exchange that the Company on May 06, 2002 has allotted 20,96,982 Ordinary Shares of Rs 10/- each in the ratio of 1share of the company for every 16 fully paid up Equity Shares of Rs 10- each held in ITC Bhadrachalam Paperboards Ltd to the members of the ITC Bhadrachalam, in terms of the Scheme of Amalgamation of ITC Bhadrachalam with the company.

ITC, Tobacco major, has launched Aashirvaad atta making its foray into Indian atta market.

ITC's greetings cards business and Maple Leaf have entered into Joint Venture where Maple Leaf will exclusively manufacture pop-up cards for ITC.

ITC Foods ands ITC Ltd, is finally foraying its way to the Rs 1,100 crore confectionery market. The foods division which has shifted office from Kolkata to Bangalore this month, has introduced its first confectionery product, acquired brand Minto in four cities.

ITC Greeting Cards Business (ITC-GCB), has forayed into stationery products segment with the launch of Expressions PaperKraft.

ITC Limited has taken over Wills brand. ITC had to acquire the Wills brand in the US, before it takes Wills merchandise to America.

ITC Ltd. has informed the Exchange that the company has acquired further 56,000 ordinary shares of Nepalese Rupees 100/- each of Surya Nepal Pvt. Ltd. (Surya Nepal), earlier known as Surya Tobacco Company (P) Ltd, a company incorporated under the laws of Nepal.

ITC Ltd has informed BSE that Industrial Development Bank of India ('IDBI') has appointed Mr T M Nagarajan, Deputy Managing Director IDBI, on the Board of Directors of the Company w e f August 14, 2002, as Nominee Director representing IDBI, in place of Mr R Vasudevan.

ITC Board approves integration of Bhadrachalam Paperboards Division and Tribeni Tissues Division.

ITC Ltd International Business Division (ITC-IBD) has introduced an online auction platform called Tradersnet along with its web-based initiative Planternet.

ITC, now moves towards match business, it has diversified into the match business to earn more revenues from non-tobacco businesses.

2002

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2003

ITC Ltd has informed to BSE that company's Spriha brand of natural incense sticks (Agarbathis) manufactured by Cottage Industries, a unit of the Sri Aurobindo Udyog Trust in Pondicherry was launched on February 21, 2003.

ITC on April 04, introduced salt in the staple segment, as part of its efforts to clock a Rs 500 crore sales in five years. Salt is the second offering from ITC Foods' staple business in the past 10 months, under the brand name of 'Aashirvaad'.

ITC group company, International Travel House (ITH), has divested 49 per cent equity in LeasePlan India to the Netherlands-based LeasePlan Corporation (formerly ABN AMRO Lease Holding NV), making it a wholly-owned subsidiary of the foreign company.

ITC Ltd has set up a Rs 227 crore modernised pulp mill at its Bhadrachalam works aiming to become the first producer of ECF PSP in the country.

ITC bags Golden Peacock award for cleaner tech

ITC has forayed into alliance with several state governments to take up afforestation programmes and in lieu get land from which it can source wood-based feedstock for its paperboard business.

ITC Ltd has informed that the Board of Directors of the Company at its meeting held on July 25, 2003 have noted the resignation of Mr T M Nagarajan, Nominee Director of Industrial Development Bank of India.

Indian Institute of Management Calcutta (IIMC) has joined with ITC Ltd. to unveil annual business competition -Ideas to Imprementation (i2I).

NCDEX allies with ITC Ltd for data sharing.

Company issued & allotted 27792 Ordinary Shares of Rs 10 each, upon exercise of 27792 options by eligible employees under the ITC Employee Stock Option Scheme.

Consequently the issued & subscribed share capital of the company stands increased to Rs 247,54,85,090 divided into 24,75,48,509 ordinary shares of Rs 10/- each.

Bags Seagate Intelligent Enterprise of the Year award for the most innovative use of information technology

Commences commercial production of paper using the environment-friendly ECF (elemental chlorine-free) technology at its Bhadrachalam unit in Andhra Pradesh

Food wing of ITC eyes on 4 pc market share in biscuit market

The government has not taken up the Supreme Court's suggestion to arrive at a compromise formula with tobacco major ITC for settling the long-drawn-out excise dispute on the ground that it was not clear about the legal provisions under which it could do so.

ITC unveils new brand of agarbattis

2003

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2004

ITC's Wills Lifestyle unveiled its fall/winter collection here on Jan 6. The collection, featuring Wills Classic formal wear, Wills Sport relaxed wear, Wills Clublife evening wear, and fashion accessories from Furla and Valentino from Italy, is available at ITC's Wills Lifestyle store near Nagarjuna Circle.

ITC signs memorandum of understanding (MoU) with Andhra Pradesh government for wasteland development

ITC win Rs 5.80 cr grant from British challenge fund

Acquires paperboards business of M/s Bilt Industrial Packaging Company Ltd including its 65,000 MT per annum manufacturing facility at Thekkampatty Village, Coimbatore District, Tamil Nadu.

ITC Food launches a range of 'cooking pastes' under its ready-to-eat gourmet cuisine brand Kitchens of India and readymeal Aashirwad brand

Completes the process of acquiring the paperboard manufacturing facility of BILT Industrial Packaging Co Ltd. (Bipco) near Coimbatore in Tamil Nadu. The facility, renamed 'unit Kovai', will operate as part of the paperboards and specialty papers division of ITC, which has a unit at Bhadrachalam in Andhra Pradesh.

ITC unveils Sunfeast biscuits in Chennai

ITC ties up with Israeli firm for e-choupals

Crisil gives 'AAA(SO)' to PTCs of ITC

ITC Ltd's Internet-based rural project, `e-Choupal', has won the inaugural `World Business Award' instituted in support of the United Nation's Millennium Development Goals

The International Business Division (IBD) of ITC has bagged the "Enterprise Business Transformation Award" for its unique web-based initiative called eChoupal. The award was announced in Shanghai as part of the Wharton Infosys Business Transformation Awards (WIBTA), for Asia Pacific.

The international business division of ITC forays into trading of organic farm products segment

Web based e-choupal programme of ITC bags inaugral 'World Business Award at International World Congress on June 8, 2004.

ITC introduces new special incense gift packs in Bangalore

2004

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2005

ITC Ltd becomes one of the very few companies in India to obtain the coveted Quality Management System certification ISO 9001:2000 for investor servicing.

ITC Ltd wins 'Golden Peacock Global Award for Corporate Social Responsibility (CSR) in Emerging Economies for 2005'.

ITC Ltd signs an MoU with Tripura Government for a bamboo development programme.

ITC unveils new `5-in-1' agarbattis

ITC unveils `Expressions Regalia'

ITC e-Choupal gets Development Gateway Award

ITC unveils Candyman Cofitino

ITC has given the Bonus in the Ratio of 1:2

Company has splits its Face value of Shares from Rs 10 to Re 1

2005

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2006

ITC forges alliance with Tilda for DNA-tested basmati

ITC ties-up with Marubeni for food biz

ITC wins National Award for Excellence in Corporate Governance

ITC Infotech Launches Interline e-Ticketing Testing Service

2006

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2007

ITC acquires Australian agri-biotech co.

ITC Ltd has secured seven awards at the 29th All-India Annual Conference of the Public Relation Society of India (PRSI) held in Chennai. The company got the awards for its Annual Report 2007, the management of ITC's Sangeet Sammelan events across all the major metros, its publications, including ITC's Sustainability Report, House Journal, e-news and its Corporate Web site. ITC was also awarded for its mass awareness campaign, using television as a medium.

ITC Ltd inked an MoU with the Government of Nagaland and the Spices Board for development of the famed Naga chilli via a host of initiatives across the agri-value chain.

2007

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2008

ITC Ltd has appointed Mr. H G Powell as an Additional Non-Executive Director of the Company with effect from May 07, 2008.

ITC Ltd, having set up its food brands in the domestic market, is all set to concentrate on health and wellness-oriented products.

ITC launches eco-friendly "Paperkraft Premium Business Paper"

ITC’s afforestation programme creates potential for 35 million person days of employment

2008

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2009

ITC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 19, 2009, has appointed Mr. Anthony Ruys as an Additional Non-Executive Director of the Company with effect from January 20, 2009.

ITC Ltd has appointed Messrs. Deloitte Haskins & Sells, Chartered Accountants, as Auditors of the Company.

ITC launches Vivel Ultra Pro anti-dandruff shampoo in Kolkata.

ITC’s unique Social Forestry project bags Carbon Credits for poor tribals

ITC becomes the first Indian company to gain membership with WWF GFTN for responsible forestry

ITC partners Orissa Rural Development and Marketing Society (ORMAS) to support livelihood creation in rural areas of Orissa

2009

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2010

ITC has forayed into the Rs. 1,700-crore fairness cream market.

ITC is planning new products and offerings in the stationery products segment which includes notebooks, pens, pencil and scholastics.

The hotel business contributes just 3% to its total sales for ITC but it's now peeling its eyes for distressed assets in order to expand it global footprint in the hotel business.

Indian cigarette industry attracts international brands.

One of India's foremost private sector companies & the largest domestic cigarette manufacturer ITC, has entered Cigars business in India.

ITC enters fairness cream segment

Business conglomerate ITC Limited, is making an investment of Rs 1,000 crore for setting another unit in the existing paper mill at Bhadrachalam to expand its existing capacity of 200,000-tonne per annum (tpa).

ITC has given the Bonus in the Ratio of 1:1

2010

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2011

ITC Ltd - Padma Bhushan for Mr. Y C Deveshwar, Chairman of the Company

Diversified conglomerate ITC Limited said it will invest up to Rs 3,000 crore to set up a paper manufacturing unit in Andhra Pradesh as part of plans to double capacity over the next five years.

ITC rises on plans of rebranding retail stores

ITC, Ruchi Soya in world's 50 fastest growing consumer firms

ITC had entered into lifestyle retailing and the stationery segments through its premium

brands ,Paperkraft, notebooks and Wills Sport apparel range. Eventually the company had

launched mass-appeal brands like Classmate:notebooks and John Players:menswear.

ITC opens first premium cigar retail store in Delhi

ITC Ltd has acquired the entire shareholding of Russell Credit Ltd. (wholly owned subsidiary of the Company) in Wimco Ltd. (Wimco), comprising 9,12,38,170 equity shares of Rs. 1/- each (i.e. 96.825% of Wimco's equity share capital).Consequently, Wimco has become a direct subsidiary of the Company with effect from September 29, 2011.

ITC’s Regulatory Affairs Manager Mr. O’Halloran was awarded the ‘Excellence Award in International Education.

2011

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2012

ITC Ltd has BSE that the Company acquired 2,26,06,065 Ordinary Shares having no par value of Technico Pty Ltd (TPL), a company incorporated in Australia, from Russell Credit Ltd, wholly owned subsidiary of the Company.Consequently TPL became a wholly owned Subsidiary of the Company with effect from March 26, 2012.

ITC bestowed 2012 World Business and Development Award

Cigarette giant ITC has raised its holding in the leading hospitality company East India Hotels (EIH), where billionaire industrialist Mukesh Ambani holds a significant stake and his wife is a member of the board, by acquiring an additional one per cent stake for Rs 42 crore through open market transactions.

Mr. Y. C. Deveshwar, Chairman of the Company, has been ranked the 7th Best Performing CEO in the World in the global score card on "100 Best Performing CEOs in the World" published by the Harvard Business Review.

2012

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2013

ITC Ltd has launched a social investment project, Mission Sunehrakal (MSK), in Mysore district to conserve soil and moisture.

ITC has been ranked number one for the second consecutive year in the CSR category in the recently published Nielsen Corporate Image Monitor 2012-13.

ITC forayed into the biscuits market with its Sunfeast range of glucose, marie and cream biscuits.

ITC Infotech becomes the 1st PTC Authorized Training Partner in India

ITC Grand Chola recieves the highest national rating for green building

ITC Hotels ties up with RP Group Hotels & Resorts to manage 5 hotels in India and Dubai

ITC’s leading personal care brand, has announced the launch of its second edition of the signature series of the Couture Spa Range of Gel Bathing Bars.

ITC’s leading personal care brand, announced the launch of its unique Skin Nourishing Range of Soaps - Vivel

2013

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2014

ITC has been voted among the top two 'Buzziest Brands' in the 'Corporate' category by 'afaqs', one of the world’s largest marketing and advertising portals

Fiama Di Wills collaborates with Masaba Gupta

ITC’s leading personal care brand and one of India’s most exciting brands, introduces ‘Love & Nourish’

ITC becomes fastest firm to clock Rs 1,000 cr revenue in stationery market

ITC, Ruchi Soya in top 50 fastest growing FMCG list

ITC's Engage range takes second spot in deo market by volume

ITC replaces TCS as India's most admired company

ITC enters e-cigarette business

ITC Hotels launches one of largest ever foreign investments in Colombo

2014

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2015

ITC Ltd entered into Asset Purchase Agreements (Agreements) with M/s. Johnson & Johnson Ltd., India & M/s. Johnson & Johnson Pte. Ltd., Singapore

ITC paper boards and specialty papers division has introduced grease-resistant paper boards

ITC acquires 87.06% equity share capital of Classic Infrastructure & Development Ltd.

Russell Credit Ltd., a Wholly Owned subsidiary of the Company, has acquired the entire equity share capital of Rs. 4.89 crores of Wills Corporation Ltd. (Wills)

ITC Launches Vivel Ayurveda Essence in Kerala

ITC Infotech announces partnership with Asigra

2015

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2016

ITC and Starwood renew partnership deal for three more hotels.

ITC bets big on food biz with launch of Sunbean Gourmet Coffee brand.

ITC join hands NHAI for green highways in Andhra Pradesh.

ITC Bags National PRSI Awards.

ITC Grand Bharat, Gurgaon Ranked # 1 Resort in Asia

2016

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2017

ITC launches new brand Farmland for fresh fruits, vegetables

ITC contributes to achieve Swachh Bharat through initiatives

2017

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2018

ITC product Aashirvaad atta has become a Rs 4,000-crore brand in the wheat flour market, with around 28 per cent share in the branded segment.

ITC enters liquid milk segment, launches Aashirvaad Svasti brand

ITC's agri-biotech arm inks pact with UK's James Hutton.

2018

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2019

ITC earns the Highest Global Recognition for Water Stewardship in Nov 6, 2019.

ITC Savlon Swasth India introduces 'Swachhata Ka Gullak' in Sep 27, 2019.

ITC Limited Launches First of its kind Multi-Layer Plastic (MLP) Collection Programme in Pune along with SWaCH and Pune Municipal Corporation (PMC) in Jun 5, 2019.

2019

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2020

ITC enters into a Share Purchase Agreement to acquire 100% equity share capital of Sunrise Foods Private Limited in May 24, 2020.

ITC sets up Rs 150 crores COVID Contingency Fund for vulnerable sections of society in

Mar 27, 2020.

2020

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2021

ITC Collaborates with Invest India to Crowdsource Innovative Ideas for Single-Use Plastic Substitution and Automate Waste Segregation.

ITC Reaffirms its Commitment to India's Bold New Climate Targets, Commissions First Offsite Solar Plant in Tamil Nadu in Dec 28, 2021.

ITC Master Chef Partners Havmor Ice cream to Launch 100 Mobile Carts Selling Frozen Snacks across Delhi NCR

ITC receives the '6th ICSI CSR Excellence Award' for its Large-scale and Impactful CSR Initiatives.

ITC becomes the First Company in India to Commit to AWS Water Stewardship Certification for all its facilities in high water-stress areas by 2035

2021

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2022

ITC executed watershed projects covered over 13 lakh acres in 40 districts

IndiaCSR.

ITC collaborates with IIT Delhi to strengthen crop residue management programme in north India.

ITC food factory gets AWS platinum level Certification.

ITC cooks up a storm, sets up 12 cloud kitchens and 48 brand outlets.

ITC moves beyond plastic neutrality; sustainably managed over 54,000 tonnes of plastic waste in FY22.

2022

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2023

ITC launches ‘Aashirvaad Svasti Daily’ milk a budget-friendly offering for mothers.

ITC augments its millet portfolio Launches Sunfeast Farmlite Super Millets Cookie.

ITC B Natural brings back excitement into fruit beverages.

ITC Vivel Launches VedVidya with Sharmila Tagore and her First Ever, Digitally Created Avatar.

2023

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