ITC LIMITED

ITC Limited is an Indian company headquartered in Kolkata, West Bengal. It established in 1910 as the Imperial Tobacco Company of India Limited, the company was renamed as the India Tobacco Company Limited in 1970 and later to I.T.C. Limited in 1974.

ITC is one of India’s foremost private sector companies with a Gross Sales Value of ₹ 74,979 crores and Net Profit of ₹ 13,032 crores (as on 31.03.2021). ITC has a diversified presence in FMCG, Hotels, Packaging, Paperboards & Specialty Papers and Agri-Business. ITC’s aspiration to be an exemplar in sustainability practices is manifest in its status as the only company in the world, of its size and diversity, to be carbon, water and solid waste recycling positive. In addition, ITC’s businesses and value chains create sustainable livelihoods for more than 6 million people, a majority of whom represent the poorest in rural India.

The company’s vision is to sustain ITC’s position as one of India’s most valuable corporations through world class performance, creating growing value for the Indian economy and the Company’s stakeholders. ITC’s mission is to enhance the wealth generating capability of the enterprise in a globalising environment, delivering superior and sustainable stakeholder value. Some of their famous brands are Yippee, sunfeast, vivel, charmis, savlon, fiama, etc.

Their interventions aimed at creating capabilities for tomorrow by assisting communities to put in place vital socio-economic infrastructure and equipping them to take advantage of emerging economic opportunities, i.e. ITC’s programmes for supporting Primary Education, Skilling & Vocational Training, Health & Sanitation and Solid Waste Management.

Recent Developments in ITC Ltd.: ITC to double presence of its e-stores to 14 cities. To drive traffic, the company also runs surprise offers at Rs 1 for the new products that ITC has launched in the e-store, while delivery is free for an order value of Rs 750 and above. ITC’s e-store has recently won leading fulfilment ratings in an independent survey done by Redseer amongst 10,000 consumers.

Their shareholding pattern consists of Public having 45.86% shares following by FII’s having 11.74% shares and DII’s with 42.40% shares.