ITC Limited — Others, 11-03-2025: Shareholders meeting

ITC Limited has announced a board meeting on April 11, 2025, to discuss the results of a postal ballot for granting Equity Settled Stock Appreciation Rights under the ITC Employee Stock Appreciation Rights Scheme 2025. This initiative aims to align employee interests with those of shareholders, enhancing retention and motivation in a competitive landscape. The total shares issued under this scheme will not exceed 2% of the company's issued capital, equating to approximately 25.02 crore shares. Investors might view this as a positive outlook, reflecting the company’s focus on incentivizing employee performance for long-term growth.