ITC Limited — Others, 11-04-2025: Shareholders meeting

ITC Limited has announced a board meeting regarding the results of the Postal Ballot concerning the granting of Equity Settled Stock Appreciation Rights under an Employee Stock Appreciation Rights Scheme for eligible employees and subsidiaries. The resolutions were passed with an overwhelming majority, achieving over 98% approval from both public institutional and non-institutional shareholders. This strategic decision aims to enhance employee engagement and retention, aligning staff interests with company performance. Investor sentiment may strengthen due to this positive outlook as it reflects a commitment to rewarding employee contribution and stable governance.