As at 31st March, 2004, ITC’s Authorised Share Capital was Rs 300 crores, with 30,00,00,000 Ordinary Shares of Rs 10 each. The Issued and Subscribed Capital was Rs 247,67,88,510 with 24,76,78,851 Ordinary Shares of Rs 10 each.

ITC’s shares are listed on three Stock Exchanges in India – the National Stock Exchange of India Limited (NSE), The Stock Exchange, Mumbai (BSE) and The Calcutta Stock Exchange Association Limited.

Pursuant to an offer of Global Depository Receipts (GDRs) made in 1993 by the Company, 96,62,834 GDRs, representing 96,62,834 underlying Shares of the Company, were outstanding as at 31st March, 2004.

The Company’s GDRs are listed on the Luxembourg Stock Exchange.

As a large corporation, with a diverse business portfolio and Units spread over 60 locations, ITC has a large number of stakeholders – Government and statutory bodies, shareholders, customers, employees, suppliers, contractors, local communities and the society at large – who are impacted by the Company’s operations.

ITC and all its Units consistently strive to anticipate emerging stakeholder expectations. The Company’s various businesses have evolved and institutionalised structured systems to formally review and update their understanding of stakeholder expectations.

ITC is committed to the timely disclosure of relevant and reliable information on its financial performance, its entire gamut of activities relating to Environment, (Occupational) Health and Safety (EHS), and its social initiatives. ITC believes that the disclosure of all appropriate and useful information with regard to all Company activities that can impact stakeholders is at the heart of good governance.

Following is a summary of ITC’s different key stakeholders, the Company’s mode of engagement with them, their key concerns regarding sustainability, and the initiatives undertaken by the Company to positively impact various sections of stakeholders :