ITC Ltd
NSE: ITC BSE: 500875
₹280.40
+6.50 (2.37%)
Sun, 08 Nov 2026, 08:03 am
Market Cap (in Cr)333348.89
PE Ratio18.60
Dividend5.45
Consumer Non-Durables
Tobacco
24.5KITC Ltd Company History
1910
- ITC incorporated as Imperial Tobacco Co. of India Ltd. on August 24.
1953
- ITC acquired Tobacco Manufacturers (India) Ltd. business and Printers (India) Ltd. printing business.
1954
- ITC converted to Public Limited Company on October 27.
1970
- ITC name changed to India Tobacco Co. Ltd. in May.
- ITC issued 500,000 right shares and 32,90,000 public equity shares at Rs 3 premium.
1972
- ITC entered hotel business in October.
1973
- ITC received government approval for three processing plants.
1974
- ITC name changed to ITC Ltd. on April 1.
- Non-resident shareholders offered 28,04,775 equity shares at par.
1975
- ITC purchased net assets of India Leaf Tobacco Development Co. Ltd. (UK) in India.
1976
- Foreign shareholders offered 38,00,000 shares at Rs 5 premium to reduce foreign equity to 40%.
1978
- ITC issued 37,90,000 bonus shares 1:5.
1979
- ITC hotel chain renamed Welcomgroup.
- ITC entered agreement with Sheraton International.
1980
- ITC issued 45,48,000 bonus shares 1:5.
1983
- ITC incorporated Gujarat Hotels Ltd. JV for Vadodara hotel.
1984
- ITC allotted 29,38,050 shares to bondholders on July 1.
1985
- ITC allotted 29,42,060 shares to bondholders.
1986
- ITC signed JV with MP Audyogik Vikas Nigam for four hotels.
- ITC promoted ITC Filtrona Ltd. JV for cigarette filters.
1987
- ITC introduced Wills Flake Premium Filter and Scissors Filter.
- ITC signed long-term union agreements; Bangalore strike lasted 114 days.
- ITC acquired Nedows Hotel Srinagar on lease; planned Jaipur hotel; added rooms in Agra.
1988
- ITC formed Agribusiness Division.
- ITC signed MoU for restaurant in Odessa, USSR.
- ITC subscribed 11,86,157 shares in PABL.
- ITC launched ADARSH oilseeds and SUNDROP oil.
- ITC invested in packaging and explored software centre.
1989
- ITC entered collaboration with Liqui Box Corporation for packaging.
- ITC issued 331,68,110 bonus shares 1:1.
- ITC proposed tobacco protein and solanesol extraction.
- Nedows Hotel Srinagar suspended; Bukhara franchised to Sheraton Hong Kong.
1990
- ITC launched REAL GOLD refined mustard oil.
- Tribeni Tissues Ltd. amalgamated; 105,95,070 shares allotted.
1991
- ITC agreed with MISR Import & Export Co. for tea exports to Egypt.
- ITC proposed agreement for safety matches exports to UAE.
- ITC proposed agreement for tea exports to Iran.
1992
- Tribeni Tissues faced lockout from May 27.
- ITC incorporated ITC Global Holdings Pte. Ltd. in Singapore.
- ITC incorporated ITC Infotech Ltd. in UK.
1993
- ITC repositioned hybrid seeds in ITC Zere Co. Ltd. joint venture.
- ITC launched Hero cigarettes.
- ITC formed financial services division and proposed ITC Peregrine Capital JV.
- ITC issued 45,00,000 GDRs.
- ITC launched Classic Milds and Hero cigarettes.
1994
- ITC proposed sale of edible oils to ITC Agro Tech for Rs 25 crores.
- Tiruvottiyur operations resumed.
- ITC issued 121,318,177 bonus shares 1:1 and 285,550 on warrants.
- ITC introduced scissors standard.
- ITC Classic Finance planned mutual funds, real estate, and home finance.
1995
- ITC introduced Capstan Menthol Filter, Capstan Standard, Bristo Standard, redesigned Gold Flake Kings and Berkeley Filter; test-launched Gold Flake Lights.
- ITC formed ITC Classic Threadneedls AMC joint venture.
- ITC allotted 25,78,150 shares on warrants.
1996
- ITC purchased Mantralayam undertaking for Rs 115.80 crores.
- ITC launched Classic Ultra Milds and Wills Natural Lights cigarettes.
1997
- ITC Classic Finance amalgamated with ICICI.
- ConAgra invested over 51% in ITC Agro-Tech.
- ITC planned acquisition of CIDL real estate business.
- ITC workers struck against retrenchment.
1998
- ITC signed agreement with NSDL for dematerialisation.
- ITC restructured 105 subsidiaries.
1999
- ITC increased stake in ITC Bhadrachalam Paperboards to 51%.
- ITC set up new tobacco processing department.
- ITC Anaparti factory received Rajiv Gandhi National Quality Award.
2000
- ITC Infotech signed MoU with Compaq.
- ITC launched e-Choupal project.
- ITC entered retailing with Wills Sport leisurewear.
- ITC hived off Infotech businesses into subsidiary.
- ITC set up Lifestyle Retailing and greeting cards units.
- ITC Infotech achieved CMM Level-5.
- ITC launched www.itcibd.com for commodities trading.
- ITC set up units in north-eastern states.
- ITC Infotech India became wholly owned subsidiary; Ansal Hotels subsidiary of ITC Hotels.
- ITC proposed Employee Stock Option Scheme.
- ITC planned merger with ITC Bhadrachalam Paperboards.
2002
- ITC appointed J.B. Stevens as Additional Non-Executive Director.
- Workmen resumed at Tiruvottiyur printing factory.
- ITC acquired stake in EIH Ltd.
- ITC allotted shares under Bhadrachalam amalgamation scheme.
- ITC launched Aashirvaad atta.
- ITC Foods entered confectionery with Minto brand.
- ITC Greeting Cards launched Expressions PaperKraft stationery.
- ITC acquired Wills brand in US.
- ITC acquired additional shares in Surya Nepal Pvt. Ltd.
- IDBI appointed T.M. Nagarajan as Nominee Director.
- ITC approved integration of Bhadrachalam and Tribeni Tissues divisions.
- ITC International Business Division launched Tradersnet and Planternet.
- ITC diversified into match business.
2003
- ITC launched Spriha agarbattis.
- ITC launched Aashirvaad salt.
- International Travel House divested 49% in LeasePlan India.
- ITC set up Rs 227 crore pulp mill at Bhadrachalam.
- ITC entered afforestation alliances with state governments.
- ITC launched new agarbattis brand.
2004
- ITC Wills Lifestyle unveiled fall/winter collection.
- ITC signed MoU with Andhra Pradesh for wasteland development.
- ITC received Rs 5.80 crore grant from British challenge fund.
- ITC acquired BILT Industrial Packaging paperboards business.
- ITC Foods launched cooking pastes under Kitchens of India and Aashirvaad.
- ITC launched Sunfeast biscuits.
- ITC tied up with Israeli firm for e-choupals.
- ITC e-Choupal won World Business Award and Wharton Infosys Award.
- ITC International Business Division entered organic farm products trading.
- ITC launched special incense gift packs.
2005
- ITC obtained ISO 9001:2000 for investor servicing.
- ITC won Golden Peacock Global CSR Award.
- ITC signed MoU with Tripura for bamboo development.
- ITC launched 5-in-1 agarbattis.
- ITC launched Expressions Regalia.
- ITC e-Choupal received Development Gateway Award.
- ITC launched Candyman Cofitino.
- ITC issued 1:2 bonus shares and split face value from Rs 10 to Re 1.
2006
- ITC allied with Tilda for DNA-tested basmati.
- ITC tied up with Marubeni for food business.
- ITC won National Award for Excellence in Corporate Governance.
- ITC Infotech launched Interline e-Ticketing Testing Service.
2007
- ITC acquired Australian agri-biotech company.
- ITC signed MoU with Nagaland Government and Spices Board for Naga chilli.
2008
- ITC appointed H.G. Powell as Additional Non-Executive Director.
- ITC focused on health and wellness products.
- ITC launched eco-friendly Paperkraft Premium Business Paper.
2009
- ITC appointed Anthony Ruys as Additional Non-Executive Director.
- ITC appointed Deloitte Haskins & Sells as auditors.
- ITC launched Vivel Ultra Pro anti-dandruff shampoo.
- ITC Social Forestry project earned Carbon Credits.
- ITC joined WWF GFTN for responsible forestry.
- ITC partnered ORMAS for livelihoods in Orissa.
2010
- ITC entered fairness cream market.
- ITC planned stationery products expansion.
- ITC entered cigars business.
- ITC planned Rs 1,000 crore investment in Bhadrachalam paper mill.
- ITC issued 1:1 bonus shares.
2011
- Y.C. Deveshwar received Padma Bhushan.
- ITC planned Rs 3,000 crore paper unit in Andhra Pradesh.
- ITC planned rebranding of retail stores.
- ITC acquired 96.825% of Wimco Ltd.
2012
- ITC acquired Technico Pty Ltd making it wholly owned subsidiary.
- ITC received 2012 World Business and Development Award.
- ITC increased stake in East India Hotels by 1%.
- Y.C. Deveshwar ranked 7th Best Performing CEO by Harvard Business Review.
2013
- ITC launched Mission Sunehrakal for soil and moisture conservation in Mysore.
- ITC ranked #1 in CSR by Nielsen Corporate Image Monitor 2012-13.
- ITC entered biscuits market with Sunfeast glucose, marie, and cream variants.
- ITC Infotech became 1st PTC Authorized Training Partner in India.
- ITC Grand Chola received highest national green building rating.
- ITC Hotels tied up with RP Group to manage 5 hotels in India and Dubai.
- ITC personal care brand launched second edition Couture Spa Gel Bathing Bars.
- ITC launched Vivel Skin Nourishing Range soaps.
2014
- ITC voted top two 'Buzziest Brands' in Corporate category by afaqs.
- Fiama Di Wills collaborated with Masaba Gupta.
- ITC personal care brand launched 'Love & Nourish'.
- ITC reached Rs 1,000 crore revenue in stationery market.
- ITC's Engage range took second spot in deo market by volume.
- ITC replaced TCS as India's most admired company.
- ITC entered e-cigarette business.
- ITC Hotels launched major investment in Colombo.
2015
- ITC entered asset purchase agreements with Johnson & Johnson entities.
- ITC introduced grease-resistant paperboards.
- ITC acquired 87.06% of Classic Infrastructure & Development Ltd.
- Russell Credit acquired Wills Corporation Ltd.
- ITC launched Vivel Ayurveda Essence in Kerala.
- ITC Infotech partnered with Asigra.
2016
- ITC and Starwood renewed partnership for three hotels.
- ITC launched Sunbean Gourmet Coffee brand.
- ITC partnered with NHAI for green highways in Andhra Pradesh.
- ITC received National PRSI Awards.
- ITC Grand Bharat ranked #1 resort in Asia.
2017
- ITC launched Farmland brand for fresh fruits and vegetables.
- ITC supported Swachh Bharat initiatives.
2018
- Aashirvaad atta became Rs 4,000-crore brand with 28% branded market share.
- ITC launched Aashirvaad Svasti liquid milk brand.
- ITC agri-biotech arm signed pact with UK's James Hutton.
2019
- ITC earned highest global recognition for Water Stewardship.
- ITC Savlon Swasth India launched 'Swachhata Ka Gullak'.
- ITC launched Multi-Layer Plastic Collection Programme in Pune.
2020
- ITC agreed to acquire 100% of Sunrise Foods Private Limited.
- ITC set up Rs 150 crore COVID Contingency Fund.
2021
- ITC collaborated with Invest India for single-use plastic substitution and waste segregation ideas.
- ITC commissioned first offsite solar plant in Tamil Nadu.
- ITC Master Chef partnered with Havmor for 100 mobile carts in Delhi NCR.
- ITC received 6th ICSI CSR Excellence Award.
- ITC committed to AWS Water Stewardship Certification for high water-stress facilities by 2035.
2022
- ITC executed watershed projects covering 13 lakh acres in 40 districts.
- ITC collaborated with IIT Delhi on crop residue management.
- ITC food factory received AWS Platinum certification.
- ITC set up 12 cloud kitchens and 48 brand outlets.
- ITC managed over 54,000 tonnes of plastic waste.
2023
- ITC launched Aashirvaad Svasti Daily milk.
- ITC launched Sunfeast Farmlite Super Millets Cookie.
- ITC B Natural refreshed fruit beverages.
- ITC Vivel launched VedVidya with Sharmila Tagore digital avatar.
2024
- ITC Mangaldeep launched 'Dil se Karo Baat, Bhagwan Ke Saath' campaign.
- ITC launched Ratnadipa hotel in Colombo.
- ITC Bingo! launched 3 Korean flavour variants with new brand song.
- ITC attained two more Platinum Level AWS Certifications and entered CDP Water 'A' list.
