History

ITC was formed on 24 August 1910 under the name of Imperial Tobacco Company of India
Limited, and the company went public on 27 October 1954. The earlier decades of the
company's activities centered mainly around tobacco products. In the 1970s, it diversified
into non-tobacco businesses. In 1975, the company acquired a hotel in Chennai, which was
renamed the 'ITC-Welcomgroup Hotel Chola' (now renamed to MyFortune, Chennai).

In 1985, ITC set up Surya Tobacco Co. in Nepal as an Indo-Nepali and British joint venture,
with the shares divided between ITC, British American Tobacco and various independent
domestic shareholders in Nepal. In 2002, Surya Tobacco became a subsidiary of ITC and its
name was changed to Surya Nepal Private Limited. In 2000, ITC launched the Expressions
range of greeting cards, the Wills Sport range of casual wear, and a wholly owned
information technology subsidiary, ITC Infotech India Limited.

In 2001, ITC introduced the Kitchens of India brand of ready-to-eat gourmet Indian recipes,
which are produced and sold internationally, at first in cans and later in retort packages, and
more recently on line and at festivals. In 2002, ITC entered the confectionery and staples
segments and acquired the Bhadrachalam Paperboards Division and the safety matches
company WIMCO Limited. ITC entered the incense sticks or agarbattis business in 2003,
selling its products under the Mangaldeep brand.

ITC diversified into body care products in 2005. In 2010, ITC launched its handrolled cigar -
Armenteros - in the Indian market. The company began online sales in 2014.

ITC owned "Chambal Agritech LTD" an Australian "Technico PTY" subsidiary in May, 2008,
diversifying its business portal & to develop synergy between Seed Potato Production and
Chip stock supply. Later the name changed to "Technico Agri Sciences Ltd" wholly owned
subsidiary of ITC Ltd.

Products
Cigarettes

ITC Ltd sells 81 percent of the cigarettes in India, where 275 million people use tobacco
products and the total cigarette market is worth close to $6 billion (around Rs.65,000 crore)

ITC's major cigarette brands include Wills Navy Cut, Marlboro Advance Black Gold Flake
Kings, Gold Flake Premium lights, Gold Flake Super Star, Insignia, India Kings, Classic (Verve,
Menthol, Menthol Rush, Regular, Citric Twist, Mild & Ultra Mild), 555, Silk Cut, Scissors,
Capstan, Berkeley, Bristol, Lucky Strike, Players, Flake and Duke & Royal.
Other businesses

Foods: ITC's major food brands include Kitchens of India; Aashirvaad, Mint-o, gum-o, B
natural, Sunfeast, Candyman, Bingo! and Yippee!. ITC is India's largest seller of branded
foods with sales of over Rs. 4,600 crore in 2012-13. It is present across 5 categories in the
Foods business namely Staples, Snack Foods, Ready-To-Eat Foods, Juices and Confectionery.

Lifestyle apparel: ITC sells its products under the Wills Lifestyle and John Players brands.
Wills Lifestyle was accorded the Superbrand status and John Players was included in the
top 10 Most Trusted Apparel Brands 2012 by The Economic Times.

Personal care products include perfumes, haircare and skincare categories. Major brands
are Fiama Di Wills, Vivel, Essenza Di Wills, Superia and Engage.

Stationery: Brands include Classmate, PaperKraft and Colour Crew. Launched in 2003,
Classmate went on to become India's largest notebook brand in 2007.

Safety Matches and Agarbattis: Ship, i Kno and Aim brands of safety matches and the
Mangaldeep brand of agarbattis (Incense Sticks).

Hotels: ITC's Hotels division (under brands including WelcomHotel) is India's second largest
hotel chain with over 90 hotels throughout India. ITC is also the exclusive franchise in India
of two brands owned by Sheraton International Inc. Brands in the hospitality sector owned
and operated by its subsidiaries include Fortune Park Hotels and Welcome Heritage Hotels.

Paperboard: Products such as specialty paper, graphic and other paper are sold under the
ITC brand by the ITC Paperboards and Specialty Papers Division like Classmate product of ITC
well known for their quality.

Packaging and Printing: ITC's Packaging and Printing division operates manufacturing
facilities at Haridwar and Chennai and services domestic and export markets.

Information Technology: ITC operates through its fully owned subsidiary ITC Infotech India
Limited, which is a SEI CMM Level 5 company.
Shareholders
Shareholders (as on 31-March-2013)

Foreign companies (mainly British American Tobacco Company) 30.54%

Foreign Institutional Investors (FII) 19.68%

Banks, Financial Institutions, Insurance Companies and Mutual Funds 33.44%

Bodies Corporate 04.91%

Public and Others 10.59%

GDRs 00.30%

Total 100.00%

Major Competitors
1. Marico

2. L'Oral

3. Nirma Ltd

4. HUL

5. Colgate-Palmolive

6. Procter and Gamble

7. Dabur
ITC
CATEGORY OF NO. OF TOTAL NO. TOTAL NO. OF TOTAL SHARES
SHAREHOLDER SHARE- OF SHARES HELD IN SHAREHOLDING PLEDGED OR
HOLDERS SHARES DEMATERIALIZED AS A % OF TOTAL OTHERWISE
FORM NO. OF SHARES ENCUMBERED
AS A % OF NUMBER OF
(A+B) SHARES
AS A % OF AS A % OF
(A+B+C) TOTAL
NO. OF SHARES

(A) Shareholding of Promoter and Promoter Group

(1) Indian

Individuals / - - - - - -
Hindu
Undivided
Family

Central - - - - - -
Government /
State
Government(s)

Bodies - - - - - -
Corporate

Financial - - - - - -
Institutions /
Banks

Any Others - - - - - -
(Specify)

Sub Total - - - - - -

(2) Foreign

Individuals - - - - - -
(Non-Residents
Individuals /
Foreign
Individuals)

Bodies - - - - - -
Corporate

Institutions - - - - - -

Qualified - - - - - -
Foreign Investor

Any Others - - - - - -
(Specify)

Sub Total - - - - - -
 Total - - - - - -
shareholding
of Promoter
and Promoter
Group (A)

(B) Public Shareholding

(1) Institutions

Mutual Funds / 422 375,252,689 375,116,604 3.10 3.10 - -

UTI

Financial 154 1,355,332,015 1,353,882,876 11.20 11.18 - -

Institutions /
Banks

Central - - - - - -
Government /
State
Government(s)

Venture Capital - - - - - -
Funds

Insurance 59 2,553,668,626 2,553,573,399 21.11 21.07 - -

Companies

Foreign - - - - - -
Institutional
Investors

Foreign Venture - - - - - -
Capital
Investors

Qualified 1,094 2,451,834,753 2,451,446,387 20.27 20.23 - -

Foreign Investor

Nominated - - - - - -
investors (as
def. in Ch. XA of
SEBI (ICDR)
Regulations)

Market Makers - - - - - -

Any Others - - - - - -
(Specify)

Sub Total 1,729 6,736,088,083 6,734,019,266 55.69 55.57 - -

(2) Non-
Institutions

Bodies - - - - - -
Corporate

Individuals - - - - - -
 Individual - - - - - -
shareholders
holding nominal 0
share capital up
to Rs. 1 lakh

Individual 1,170,213,518 991,981,332 9.67 9.65 - -

shareholders
holding nominal
548,672
share capital in
excess of Rs. 1
lakh

Qualified - - - - - -
Foreign Investor

Any Others 16,095 4,189,746,880 554,813,556 34.64 34.56 - -

(Specify)

Sub Total 564,767 5,359,960,398 1,546,794,888 44.31 44.22 - -

Total Public 566,496 12,096,048,481 8,280,814,154 100.00 99.79 - -

shareholding
(B)

Total (A)+(B) 566,496 12,096,048,481 8,280,814,154 100.00 99.79 - -