ITC Limited Approves Financial Results, Recommends Final Dividend of ₹ 8
ITC Limited, in a meeting held on May 21, 2026, approved the audited financial results for the financial year and recommended a final dividend amount, while also recommending the re-appointment of a director.The Board of Directors approved the audited financial results and segment-wise details for the quarter and the twelve months ended March 31, 2026. This approval covered the Standalone and Consolidated financial statements. Furthermore, the Board approved the audited Balance Sheet and the audited Statement of Cash Flows for the twelve months ended March 31, 2026. The Board also noted reports from the Statutory Auditors, Messrs. S R B C & CO LLP, Chartered Accountants, confirming an unmodified opinion on the financial results.
Dividend Recommendation and Key Dates
Regarding shareholder rewards, the Board recommended a Final Dividend of ₹ 8 per Ordinary Share, based on a face value of ₹ 1 per share, for the financial year ending March 31, 2026. This recommendation is subject to approval by the members at the ensuing 115th Annual General Meeting (AGM) scheduled for Thursday, July 23, 2026.The total dividend for the financial year ending March 31, 2026, would amount to ₹ 14.50 per Ordinary Share (of ₹ 1/- each). This total incorporates the ₹ 8 Final Dividend recommendation and the Interim Dividend of ₹ 6.50 per Ordinary Share, which was previously declared by the Board on January 29, 2026.
Key dates associated with the dividend payment and record period are as follows:
| Event | Date | Detail |
|---|---|---|
| Record Date | Wednesday, May 27, 2026 | Date for determining member entitlement to the Final Dividend. |
| AGM | Thursday, July 23, 2026 | Date of the 115th Annual General Meeting. |
| Payment Window | July 24, 2026 - July 29, 2026 | Period when the Final Dividend, if declared, will be paid. |
Director Re-appointment
In other matters, the Board recommended to the members the re-appointment of Mr. Hemant Bhargava (DIN: 01922717). The recommendation proposes his continued service as a Director and as an Independent Director for a period of five years, effective from December 20, 2026.ITC Stock Price Movement
Today, ITC Limited shares edged higher, concluding the session at ₹307.75, marking a gain of 0.07% or ₹0.20. The stock saw significant investor participation, recording a substantial volume of 21.82 million shares in today’s trading.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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