TO ITC (2)
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Transcript of TO ITC (2)
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Introduction
ITC was incorporated on August 24, 1910 under thename Imperial Tobacco Company of India Limited. As
the Company's ownership progressively Indianised, thename of the Company was changed from Imperial
Tobacco Company of India Limited to India TobaccoCompany Limited in 1970 and then to I.T.C. Limited in1974. In recognition of the Company's multi-businessportfolio encompassing a wide range of businesses -
Cigarettes & Tobacco, Hotels, Information Technology,Packaging, Paperboards & Specialty Papers, Agri-
business, Foods, Lifestyle Retailing, Education &Stationery and Personal Care - the full stops in the
Company's name were removed effective September 18,2001. The Company now stands rechristened ITC
LIMITED'.
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History and Evolution
24 Aug1910 ITC incorporated under the name of'Imperial Tobacco Company of India Limited'.
1925 ITCs Packaging & Printing Business Division wasset up as a strategic backward integration for ITCsCigarettes business.
1974 The Company's ownership progressivelyIndianised, and the name of the Company was changedto ITC Limited (Indian tobacco company).
1975 The Co. launched its HOTEL BUSINESS whichwas named ITC-Welcome group Hotel Chola.
1979 ITC entered the Paperboards Business bypromoting. Bhadrachalam Papaerboards Limited, whichtoday has become the market leader in India.
1985ITC set up Surya Tobacco Co. in Nepal as an Indo-Nepal andBritish joint venture
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1990, ITC acquired Tribeni Tissues Limited, a Specialty
paper manufacturing company and a major supplier oftissue paper to the cigarette industry. The merged entity
was named the Tribeni Tissues Division (TTD).
1990, leveraging its agri-sourcing competency, ITC set up
the Agri Business Division for export of agri-commodities.
2000, ITC forayed into the Greeting, Gifting and Stationeryproducts business with the launch of Expressions range of
greeting cards
2002 A line of premium range of notebooks under brand
Paperkraft was launched To augment its offering and to
reach a wider student population, the popular range of
notebooks was launched under brand Classmate
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Business :
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Board of Directors
YC Deveshwar
Nakul Anand P V Dhobale K N Grant
A Baijal S Banerjee AV Girija Kumar
S H Khan S B Mathur D K Mehrotra
H G Powell P B Ramanujam Anthony Ruys
Basudeb Sen K Vaidyanath B Vijayaraghavan
NON-EXECUTIVE DIRECTORS
Chairman
Executive Directors
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ITC Limited Financial Highlights
Computed as PBIT divided by average Capital Employed during the year.These graphs depict the standalone financial position
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. CORPORATE MANAGEMENT COMMITTEE
. DIVISIONAL MANAGEMENT COMMITTEES
Management Distribution :-
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Corporate Management Committee -
Y C Deveshwar
Chairman
Nakul Anand
Executive Director
P V Dhobale
Executive Director
K N GrantExecutive Director
Anand NayakHuman Resources
T V RamaswamyR&D, Projects, EH&S
S Sivakumar
Agri & IT Businesses
K S Suresh
Legal
Rajiv Tandon
Finance
B B ChatterjeeSecretarial
MEMBERS
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Divisional Management Committees -. India Tobacco Division
. Foods Division
. Lifestyle Retailing Business Division
. Personal Care Products Strategic Business Unit
. Education & Stationery Products Strategic Business Unit
. Safety Matches Strategic Business Unit
. Agarbattis Strategic Business Unit
. Hotels Division
. Paperboards & Specialty Papers Division
. Packaging & Printing Strategic Business Unit
. Agri Business Division
. Agri Business Division - ILTD
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Thank you