Key Developments: ITC Ltd (ITC.BO)
330.10INR
6:10am EDT
Rs-0.05 (-0.02%)
Rs330.15
Rs330.90
Rs331.00
Rs327.55
559,428
455,266
Rs355.75
Rs243.20
Latest Key Developments (Source: Significant Developments)
ITC Ltd's Board Recommends Dividend
ITC Ltd announced that the Board of Directors at its meeting held on May 17, 2013 has recommended a dividend of INR5.25 per Ordinary Share of INR1 each for the financial year ended March 31, 2013 and the dividend if declared, will be paid on July 29, 2013 those members entitled thereto. Full Article
ITC Ltd Announces Allotment of Shares
ITC Ltd announced that it has on November 19, 2012 issued and allotted 4,191,320 Ordinary Shares of INR1 each, upon exercise of 419,132 Options. Full Article
ITC Ltd Announces Allotment of Shares
ITC Ltd announced that the Company on October 19, 2012 issued and allotted 6,814,610 Ordinary Shares of INR1 each, upon exercise of 681,461 Options by Optionees. Consequently, with effect from October 19, 2012, the Issued and Subscribed Share Capital of the Company stands increased to INR7,863,108,970 divided into 7,863,108,970 Ordinary Shares of INR1 each. Full Article
ITC Limited Announces Purchase Of Entire Share Capital Of Technico Pty Ltd
ITC Limited announced that it has 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. The terms of the acquisition were not disclosed. Full Article
ITC Limited To Build Hotel In Colombo-Business Line
Business Line reported that ITC Limited is to invest $300 million to set up a luxury hotel in Colombo. The Government has approved a $300-million foreign direct investment enabling the hotel to be built on five acres in close proximity to military headquarters in Colombo's famous Galle Face landmark beachfront on a 99-year lease. Full Article
ITC Limited Announces Acquisition
ITC Limited announced that the Company 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 INR1/- 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. Full Article
ITC says Q4 profit rises 19.5 pct, meets estimates
May 17 - India's largest cigarette maker, ITC Ltd , posted a 19.5 percent jump in quarterly net profit on Friday, meeting market expectations.

Earnings vs.
Estimates