MIRA INFORM REPORT

Report No. :	325430
Report Date :	04.06.2015

IDENTIFICATION DETAILS

Name :	ITC LIMITED (w.e.f.1974)
Formerly Known As :	Imperial Tobacco Company of India Limited
Registered Office :	Virginia House, 37, Jawaharlal Nehru Road, Kolkata – 700071, West Bengal
Country :	India
Financials (as on) :	31.03.2015
Date of Incorporation :	24.08.1910
Com. Reg. No.:	21-001985
Capital Investment / Paid-up Capital :	Rs.7953.200 Million
CIN No.: [Company Identification No.]	L16005WB1910PLC001985
TIN No.:	Not Available
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AAACI5950L
Legal Form :	A Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchanges.
Line of Business :	Manufacturer of Cigarettes and Tobacco. It is also engaged in Hotel Business.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Aa (81)

RATING		STATUS	PROPOSED CREDIT LINE
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large

Maximum Credit Limit :	USD 7500000
Status :	Excellent
Payment Behaviour :	Regular
Litigation :	Exist
Comments :	ITC is a Diversified Group. It is a well-established and a reputed company having excellent track record. Financial position of the company appears to be sound. Directors are reported to be experienced and respectable businessmen. Trade relations are reported as fair. Business is active. Payment are reported to be regular and as per commitments. Company can be considered good for normal business dealings at usual trade terms and conditions.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31, 2015

Country Name	Previous Rating (31.12.2014)	Current Rating (31.03.2015)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Long Term = AAA
Rating Explanation	Highest degree of safety and lowest credit risk.
Date	27.06.2014

Rating Agency Name	CRISIL
Rating	Short Term = A1+
Rating Explanation	Very strong degree of safety and lowest credit risk.
Date	27.06.2014

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2013.

LOCATIONS

Registered Office / Service Centre :	Virginia House, 37, Jawaharlal Nehru Road, Kolkata – 700071, West Bengal, India
Tel. No.:	91-33-22886426/ 22880034/ 22889371
Fax No.:	91-33-22882358
E-Mail :	itcsec@cal3.vsnl.net.in itcisc@vsnl.net isc@itc.in
Website :	www.itcportal.com
Hotel :	Oberio Flight Services, Sahar Airport Road, Andheri (East), Mumbai - 400099, Maharashtra, India
Headquarters :	84 (Old No.90) Chamiers Road, Chennai - 600018, Tamilnadu, India
Tel. No.:	91-44-42081508
Fax No.:	91-44-24340294
Head Office :	ITC Hotel Kakatiya Sheraton and Totheyrs, 63-3-1187, Begumpet, Hyderabad -500016, Andhra Pradesh, India
Tel. No.:	91-40-23400132
Fax No.:	91-40-23401045
Factory 1:	Integrated Industrial Estate, Sidcuil, Plot No. 1, Sector 11, Hardwar – 249403, Uttarkhand, India
Tel. No.:	91-1334-322483
Fax No.:	91-1334-235383
Factory 2:	P O Box 2277, Thiruvottur, Chennai – 600019, Tamilnadu, India
Tel. No.:	91-44-25733121
Fax No.:	91-44-25733852
Factory 3:	Plot No. B 27, MIDC Ranjangaon, Pune - 412222, Maharashtra, India
Factory 4:	Peenya Industrial Area, 1^st Phase, Bangalore - 560058, Karnataka, India
Corporate Office :	Kakatiya Sheraton and Totheyrs, Begumpet, Hyderabad, Telangana, India
Branch Office :	International Sales No. 106, Sardar Patel Road, Secunderabad – 500003, Andhra Pradesh, India
Tel. No.:	91-40-27843768
Fax No.:	91-40-27810034
PLANTS :
Cigarette Factories :	Bangalore Meenakunte Village, Jallahobli, Bangalore (North) - 562157, Karnataka, India Kolkata 93/1, Karl Marx Sarani, P. B. No. 17203, Kolkata - 700043, West Bengal, India Munger Basdeopur P. O., District Munger - 811202, Bihar, India Saharanpur Sardar Patel Marg, P. O. Box No. 25, Saharanpur - 247001, Uttar Pradesh, India Ranjangaon Plot No. B-27, MIDC Ranjangaon, Taluka Shirur District Pune - 412220, Maharashtra , India
Green Leaf Threshing Plants :	Anaparti East Godavari District, Anaparti - 533 342, Andhra Pradesh, India Chirala Prakasam, P. B. No. 1, Chirala, Prakasam - 523157, Andhra Pradesh, India Nanjangud Immavu and Adakanahalli Village Nanjangud Taluk Mysore - 571 302, Karnataka, India
Packaging and Printing Plants	Chennai Post Box No. 2277, Tiruvottiyur, Chennai - 600 019, Tamilnadu, India Tel No.: 91-44-25733121/25733171/25733181 Fax No.: 91-44-25733852 Haridwar Plot No. 1, Sector 11, Integrated Industrial Estate, Haridwar – 249403, Uttarkhand, India Munger Basdeopur P. O., District Munger, Munger - 811 202, Bihar, India Tel No.: 91-6344-220505/16/17 / 2201892/222126/142/146 Fax No.: 91-6344-222443/222839
Paper and Paperboard Mills :	· Bollaram Anrich Industrial Estate, Village Bollarum, Medak – 502325, Telangana, India · Sarapaka Sarapaka, Khammam District - 507128, Telangana, India · Thekkampatty Thekkampatty Village, Vivekanandapuram Post, Mettupalayam Taluk, Coimbatore – 641113, Tamilnadu, India · Tribeni P O Chandrahati, District Hooghly – 712 504, West Bengal, India
Cast Coating Plant :	· Anrich Industrial Estate, Village Bollarum, Medak District - 502325, Andhra Pradesh, India · Design and Technology Centre 86, Industrial Estate, Phase I, Udhyog Nagar, Gurgaon - 122016, Haryana, Indi
Foods Factories :	· Haridwar Plot No. 1, Sector 11 Integrated Industrial Estate Haridwar - 249403 Uttarakhand, Inda · Ranjangaon Plot No. D-1, MIDC Ranjangaon Taluka Shirur District Pune – 412220, Maharashtra, India
Personal Care Products Factories :	· Haridwar Plot No. 1, Sector 11, Integrated Industrial Estate, Haridwar -249403, Uttarakhand, India · Manpura Village Manpura, Tehsil Baddi, District Solan - 174101, Himachal Pradesh , India
HOTELS :
Owned Hotels :	· Agra ITC Mughal* Taj Ganj Agra - 282 001, Uttar Pradesh, India · Bengaluru ITC Gardenia* 1, Residency Road, Bengaluru-560025, Karnataka, India ITC Windsor* 25, Windsor Square, Golf Course Road, Bengaluru - 560052, Karnataka, India · Chennai My Fortune, Chennai, Cathedral Road, Chennai - 600086, Tamilnadu, India · Jaipur ITC Rajputana* Palace Road, Jaipur- 302006, Rajasthan, India · Kolkata ITC Sonar*, 1, JBS Haldane Avenue, Kolkata - 700046, West Bengal, India · Mumbai ITC Maratha*, Sahar, Mumbai - 400099, Maharashtra, India ITC Grand Central*, 287, Dr. B. Ambedkar Road, Parel, Mumbai - 400012, Maharashtra, India · New Delhi ITC Maurya*, Sardar Patel Marg, Diplomatic Enclave, New Delhi -110021, India Sheraton New Delhi Hotel, District Centre, Saket,New Delhi - 110017, India
Licenced Hotels :	· Kota Welcom Heritage, Umed Bhawan Palace, Palace Road, Kota 324001, Rajasthan, India · Port Blair Fortune Resort Bay Island, Marine Hill, Port Blair -744101 · Vadodara WelcomHotel Vadodara, R. C. Dutt Road, Alkapuri, Vadodara - 390007, Gujarat, India
Hotels Under Operating Services :	· Aurangabad WelcomHotel Rama International, R-3, Chikalthana, Aurangabad- 431210, Gujarat, India · Chennai Sheraton Park Hotel & Towers, 132, T. T. K. Road, Chennai - 600018, Tamilnadu India · Hyderabad, ITC Kakatiya*, 6-3-1187, Begumpet, Hyderabad - 500016, India · Visakhapatnam WelcomHotel Grand Bay, Beach Road, Visakhapatnam - 530002, Andhra Pradesh, India
Choupal Saagars - Rural Services Centres  :	Located At · Amravati · Badaun · Bahraich · Chandouli · Chindwara · Dewas · Dhar · Gonda · Hardoi · Hathras · Itarsi · Jagdishpur · Mandsaur · Mhow · Nagda · Parbhani · Pilibhit · Ratlam · Sehore · Ujjain · Vidisha · Wardha · Washim
LIFESTYLE RETAILING :
Design And Technology Centre :	Gurgaon, Haryana, India
Wills Lifestyle Stores :	Located At: · Agra · Ahmedabad · Aurangabad · Belgaum · Bengaluru · Bhopal · Bhubaneshwar · Chandigarh · Coimbatore · Dehradun · Ernakulam · Ghaziabad · Gurgaon · Gurgaon · Hyderabad · Indore · Jalandhar · Jaipur · Jammu · Kanpur · Kolkata · Lucknow · Ludhiana · Mumbai / Thane · Nagpur · Nashik · New Delhi · Noida · Panjim · Patna · Pune · Raipur · Ranchi · Siliguri · Surat · Vadodara · Visakhapatnam · John Players Stores* · Bengaluru · Chennai · Hyderabad · Kolkata · Mumbai / Thane
Division Headquarters :	31, Sarojini Devi Road, Secunderabad, Hyderabad – 500003, Telangana, India

DIRECTORS

As on 31.03.2014

Name :

Mr. Yogesh Chander Deveshwar

Designation :

Whole Time Director

Address :

10, Fountain Couret, 7/1 Little Russell Street, Kolkata – 700071, West Bengal, India

Date of Birth/ Age :

04.02.1947

Date of Appointment :

0502.2012

Voter ID No.:

DWK1395706

PAN No.:

AEBPD7640A

DIN No.:

00044171

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	L16005WB1910PLC001985	ITC LIMITED	Whole-time director	05/02/2012	24/02/1994	-	Active	NO
2	U67120WB1893NPL000761	THE BENGAL CHAMBER OF COMMERCE AND INDUSTRY	Director	02/01/1996	02/01/1996	22/09/2010	Active	NO
3	U70100WB1946GAP014545	WOODLANDS MEDICAL CENTRE LIMITED	Director	20/02/1998	20/02/1998	23/06/2008	Amalgamated	NO
4	U80100TG1997NPL036631	INDIAN SCHOOL OF BUSINESS	Director	21/12/1998	21/12/1998	-	Active	NO
5	L22121DL2002PLC117874	HT MEDIA LIMITED	Director	05/05/2004	05/05/2004	19/12/2011	Active	NO
6	U75142WB1967SGC026988	WEST BENGAL INDUSTRIAL DEVELOPMENT CORPN LIMITED	Director	29/12/2004	29/12/2004	30/09/2010	Active	NO
7	U65991WB1996PLC077341	ITC INFOTECH INDIA LIMITED	Director	19/05/2011	03/01/2011	-	Active	NO

Name :

Mr. Nakul Anand

Designation :

Whole Time Director

Address :

NO. 18, Gren Avenue, (Benind Pocket D-111 Vasant Kunj) Kisan Garh, New Delhi – 110070, India

Date of Birth/ Age :

05.11.1956

Date of Appointment :

30.07.2014

Voter ID No.:

WDC0078410

PAN No.:

AAEPA2880J

DIN No.:

00022279

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U55101TN1970PLC005815	ADYAR GATE HOTELS LIMITED	Director	17/05/1996	17/05/1996	-	Active	NO
2	L63040DL1981PLC011941	INTERNATIONAL TRAVEL HOUSE LIMITED	Director	21/03/2009	06/01/1998	-	Active	NO
3	L55100GJ1982PLC005408	GUJARAT HOTELS LIMITED	Director	21/03/2009	10/03/1998	-	Active	NO
4	U55101HR1995PLC052281	FORTUNE PARK HOTELS LIMITED	Director	21/03/2009	10/03/1998	-	Active	NO
5	U74999TG1984PLC005192	SRINIVASA RESORTS LIMITED	Director	12/03/1998	12/03/1998	-	Active	NO
6	U74899HR1976PLC052282	BAY ISLANDS HOTELS LIMITED	Director	30/03/1998	30/03/1998	-	Active	NO
7	U74899DL1995PLC099649	MAHARAJA HERITAGE RESORTS LIMITED	Director	30/03/1998	30/03/1998	-	Active	NO
8	U74899HR1992PLC052412	LANDBASE INDIA LIMITED	Director	21/03/2009	29/09/2005	-	Active	NO
9	U93090DL1998NPL097629	YPO (DELHI CHAPTER) U/S25	Director	01/07/2006	01/07/2006	30/06/2010	Active	NO
10	U55101TG2009PTC063757	ESPIRIT HOTELS PRIVATE LIMITED	Additional director	24/09/2010	24/09/2010	28/09/2011	Active	NO
11	L16005WB1910PLC001985	ITC LIMITED	Whole-time director	30/07/2014	03/01/2011	-	Active	NO

Name :

Mr. Pradeep Vasant Dhobale

Designation :

Whole Time Director

Address :

7, Fountain Couret, 7/1 Little Russell Street, Kolkata – 700071, West Bengal, India

Date of Birth/ Age :

06.12.1956

Date of Appointment :

30.07.2014

PAN No.:

ABVPD5587B

DIN No.:

00274636

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U65910MH1991PLC064662	BFIL FINANCE LIMITED	Director	10/09/1998	10/09/1998	01/04/2011	Active	NO
2	L16005WB1910PLC001985	ITC LIMITED	Whole-time director	30/07/2014	03/01/2011	-	Active	NO

Name :

Mr. Kurush Noshir Grant

Designation :

Whole Time Director

Address :

10, Fountain Couret, 7/1 Little Russell Street, Kolkata – 700071, West Bengal, India

Date of Birth/ Age :

22.08.1957

Date of Appointment :

26.07.2013

PAN No.:

ADXPG8211B

Voter ID No.:

HZG1094432

DIN No.:

00336288

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U65910MH1991PLC064662	BFIL FINANCE LIMITED	Director	10/09/1998	10/09/1998	01/04/2011	Active	NO
2	L16005WB1910PLC001985	ITC LIMITED	Whole-time director	30/07/2014	03/01/2011	-	Active	NO

Name :

Mr. Kurush Noshir Grant

Designation :

Whole Time Director

Address :

10, Fountain Couret, 7/1 Little Russell Street, Kolkata – 700071, West Bengal, India

Date of Birth/ Age :

22.08.1957

Date of Appointment :

26.07.2013

PAN No.:

ADXPG8211B

Voter ID No.:

HZG1094432

DIN No.:

00336288

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U24999MH1948NPL006309	AUDIT BUREAU OF CIRCULATIONS	Director	26/11/1999	26/11/1999	13/09/2007	Active	NO
2	L16005WB1910PLC001985	ITC LIMITED	Whole-time director	26/07/2013	20/03/2010	-	Active	NO
3	U24291MH1923PLC001082	WIMCO LIMITED	Director	09/09/2010	25/03/2010	-	Active	NO
4	U85300WB1909GAP001941	TOLLYGUNGE CLUB LIMITED.	Director	07/08/2011	07/08/2011	-	Active	NO
5	U74300MH1952GAP008859	THE INDIAN SOCIETY OF ADVERTISERS	Director	11/09/2012	11/09/2012	-	Active	NO

Name :

Mr. Anil Baijal

Designation :

Director

Address :

E-524, 2^ND Floor, Greater Kailash, New Delhi – 110048, India

Date of Birth/ Age :

16.10.1946

Date of Appointment :

AAFPB9909G

PAN No.:

NEC1675263

Voter ID No.:

15.09.2014

DIN No.:

01608892

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U34101DL1993PLC053032	URBAN MASS TRANSIT COMPANY LIMITED	Director	05/09/2004	05/09/2004	21/02/2007	Active	NO
2	U16286KA1994GOI016286	BANGALORE METRO RAIL CORPORATION LIMITED	Director	28/06/2006	28/06/2006	16/09/2009	Active	NO
3	U74994DL2007PTC165988	STUDIO URBAN SPACE CONSULTANTS PRIVATE LIMITED	Director	18/07/2007	18/07/2007	25/10/2010	Active	NO
4	L16005WB1910PLC001985	ITC LIMITED	Director	15/09/2014	27/07/2007	-	Active	NO
5	U32204DL2007PTC171753	BS BROADCAST AND COMMUNICATION CONSULTANTS PRIVATE LIMITED	Director	20/12/2007	20/12/2007	-	Strike off	NO
6	U92190DL2008PTC174028	APNA ADHIKAR LEGAL SERVICES PRIVATE LIMITED	Director	14/02/2008	14/02/2008	-	Strike off	NO
7	U66000HR2007PLC052028	DHFL PRAMERICA LIFE INSURANCE COMPANY LIMITED	Director	01/06/2008	30/05/2008	-	Active	NO
8	U67190MH2007PLC174867	IDFC PPP TRUSTEESHIP COMPANY LIMITED	Director	29/06/2009	01/10/2008	-	Strike off	NO
9	L63040DL1981PLC011941	INTERNATIONAL TRAVEL HOUSE LIMITED	Director	10/09/2014	28/01/2009	-	Active	NO
10	L51909DL1963GOI004033	MMTC LIMITED	Director	12/06/2009	12/06/2009	11/06/2012	Active	NO
11	U70100WB2007PTC121171	URBANUS INFRASTRUCTURE DEVELOPMENT PRIVATE LIMITED	Director	21/01/2010	21/01/2010	27/09/2010	Amalgamated	NO
12	L45400MH2008PLC179914	FUTURE MARKET NETWORKS LIMITED	Director	28/09/2011	23/09/2010	26/12/2012	Active	NO
13	U45400DL2010PTC211559	TERRA FIRMA DESIGNS PRIVATE LIMITED	Managing director	20/12/2010	20/12/2010	-	Active	NO
14	U93000DL2011NPL215231	IDFC FOUNDATION	Director	12/09/2011	27/04/2011	-	Active	NO
15	U74920DL1988PTC031060	G4S SECURE SOLUTIONS (INDIA) PRIVATE LIMITED	Nominee director	01/03/2012	01/03/2012	21/05/2012	Active	NO

Name :

Mr. Angara Venkata Girija Kumar

Designation :

Non-Executive Director

Address :

Flat No. 18, 9^th Floor, Alipore Estate, 8/6/1 Alipore Road, Kolkata – 700027, West Bengal

Date of Birth/ Age :

21.05.1960

Date of Appointment :

23.07.2010

PAN No.:

AGXPG7830M

DIN No.:

02921377

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	L16005WB1910PLC001985	ITC LIMITED	Director	23/07/2010	19/03/2010	-	Active	NO
2	U10200WB1906GOI001713	NATIONAL INSURANCE CO LIMITED	Director	31/08/2014	10/05/2010	-	Active	NO
3	U85100DL2013PLC256581	HEALTH INSURANCE TPA OF INDIA LIMITED	Director	27/08/2014	23/05/2014	-	Active	NO

Name :

Mr. Sunil Behari Mathur

Designation :

Directors

Address :

A-10/10, Vasant Vihar, New Delhi – 110057, India

Date of Birth/ Age :

11.10.1944

Date of Appointment :

15.09.2014

PAN No.:

AGWPM9645F

Voter ID No.:

LLZ1039684

DIN No.:

00013239

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U67120MH1992PLC069769	NATIONAL STOCK EXCHANGE OF INDIA LIMITED.	Director	08/08/2014	11/03/2003	-	Active	NO
2	L24211TN1975PLC006989	E.I.D PARRY (INDIA) LIMITED	Director	24/11/2004	24/11/2004	28/11/2008	Active	NO
3	U65991MH1993GOI072051	UTI INFRASTRUCTURE TECHNOLOGY AND SERVICES LIMITED	Director	13/01/2005	13/01/2005	06/12/2007	Active	NO
4	L17124MP1947PLC000410	GRASIM INDUSTRIES LIMITED	Director	28/01/2005	28/01/2005	27/12/2007	Active	NO
5	U65990MH1987PLC044571	INFRASTRUCTURE LEASING AND FINANCIAL SERVICES LIMITED	Director	30/01/2005	30/01/2005	-	Active	NO
6	U67200MH2004PTC144420	MUNICH RE INDIA SERVICES PRIVATE LIMITED	Director	03/03/2005	03/03/2005	-	Active	NO
7	U74140MH2004PLC148859	NATIONAL COLLATERAL MANAGEMENT SERVICES LIMITED	Director	12/03/2005	12/03/2005	-	Active	NO
8	U74999MH2003GOI141849	UTI INFRASTRUCTURE AND SERVICES LIMITED	Director	10/06/2005	10/06/2005	06/12/2007	Amalgamated	NO
9	L16005WB1910PLC001985	ITC LIMITED	Director	15/09/2014	29/07/2005	-	Active	NO
10	L65110GJ1993PLC020769	AXIS BANK LIMITED	Director	08/06/2010	14/10/2005	30/09/2014	Active	NO
11	U74899DL1999GOI101707	INDIAN RAILWAY CATERING AND TOURISM CORPORATION LIMITED	Director	30/11/2005	30/11/2005	29/11/2008	Active	NO
12	L31900DL1983PLC016304	HAVELLS INDIA LIMITED	Director	09/07/2014	24/01/2006	-	Active	NO
13	L70100MH1996PLC101379	HOUSING DEVELOPMENT AND INFRASTRUCTURE LIMITED	Director	14/06/2006	14/06/2006	09/08/2014	Active	NO
14	U65990MH2002PLC137533	IDFC TRUSTEE COMPANY LIMITED	Director	26/09/2006	26/09/2006	-	Active	NO
15	U35201DL1996PTC083567	EMD LOCOMOTIVE TECHNOLOGIES PRIVATE LIMITED	Director	29/09/2006	29/09/2006	31/07/2010	Active	NO
16	U93090MH2006PTC165286	PINEBRIDGE INVESTMENTS TRUSTEE COMPANY (INDIA) PRIVATE LIMITED	Director	15/12/2006	15/12/2006	05/10/2012	Active	NO
17	U66010MH2007PLC166770	UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED	Nominee director	20/08/2008	12/01/2007	29/08/2010	Active	NO
18	U52599TN1997PLC037948	SUBHIKSHA TRADING SERVICES LIMITED	Director	24/04/2007	24/04/2007	01/09/2008	Active	YES
19	U67120HR2005PLC036952	ORBIS FINANCIAL CORPORATION LIMITED	Director	14/08/2008	27/12/2007	08/01/2013	Active	NO
20	L74899DL1989PLC035140	DCM SHRIRAM INDUSTRIES LIMITED	Director	30/05/2014	14/01/2008	-	Active	NO
21	L65191RJ1943PLC000135	THE BANK OF RAJASTHAN LIMITED	Director	02/08/2008	04/03/2008	09/05/2009	Amalgamated	NO
22	U67190MH2007PTC174287	JM FINANCIAL ASSET RECONSTRUCTION COMPANY PRIVATE LIMITED	Director	03/05/2008	10/04/2008	31/03/2013	Active	NO
23	L45201TN1995PLC033541	SUBIKSHA RETAIL LIMITED	Director	26/09/2008	28/06/2008	02/02/2009	Active	NO
24	L26940MH2000PLC128420	ULTRATECH CEMENT LIMITED	Director	06/08/2014	10/09/2008	-	Active	NO
25	L11100GJ1996PLC029880	HINDUSTAN OIL EXPLORATION COMPANY LIMITED	Director	29/09/2009	30/09/2008	-	Active	NO
26	U67200MH1972GOI016133	GENERAL INSURANCE CORPORATION OF INDIA	Director	23/12/2009	23/12/2009	31/08/2012	Active	NO
27	L26959GJ2009PLC058011	SAMRUDDHI CEMENT LIMITED	Director	24/07/2010	18/05/2010	-	Amalgamated	NO
28	U66030TN2001PLC047977	CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED	Director	25/03/2013	23/07/2010	28/07/2014	Active	NO
29	U65923KA2006PTC040028	JANALAKSHMI FINANCIAL SERVICES PRIVATE LIMITED	Director	20/06/2014	21/10/2010	-	Active	NO
30	U65922DL2006FTC153640	INDIA MORTGAGE GUARANTEE CORPORATION PRIVATE LIMITED	Director	07/08/2013	29/06/2012	-	Active	NO
31	L74899DL1985PLC020401	MINDA CORPORATION LIMITED	Director	24/09/2013	01/09/2012	13/08/2014	Active	NO
32	L35921TN1949PLC002905	TUBE INVESTMENTS OF INDIA LIMITED	Director	02/08/2013	02/05/2013	08/08/2013	Active	NO

Name :

Mr. Pillappakkam Bahukutumbi Ramanujam

Designation :

Non-Executive Director

Address :

3, Angadi Street, Venkatshapuram Colony, Ayanavaram, Chennai – 600023, Tamilnadu, India

Date of Birth/ Age :

25.07.1944

Date of Appointment :

15.09.2014

PAN No.:

AAGPR9381P

Voter ID No.:

KFD3271087

DIN No.:

00046101

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	L16005WB1910PLC001985	ITC LIMITED	Director	15/09/2014	30/10/1998	-	Active	NO
2	L55101WB1983PLC036362	NICCO CORPORATION LIMITED	Director	27/10/1999	27/10/1999	02/08/2007	Active	NO
3	L40200WB1935PLC008184	LINDE INDIA LIMITED	Nominee Director	07/05/2002	07/05/2002	19/09/2007	Active	NO

Name :

Mr. Anthony Ruys

Designation :

Non-Executive Director

Address :

6, Koekoekslan, Wassenaar – 2243AT, Netherlands

Date of Birth/ Age :

20.07.1947

Date of Appointment :

24.07.2009

PAN No.:

BPCPR0393K

DIN No.:

02460407

Name :

Mr. Krishnamoorthy Vaidyanath

Designation :

Non-Executive Director

Address :

No. 167, Ferns City, Opposite Doddankundi, Outer Ring road, Bengaluru – 560037, Karnataka, India

Date of Birth/ Age :

02.01.1950

Date of Appointment :

29.07.2011

PAN No.:

ABHPV5887C

Voter ID No.:

HZG3613171

DIN No.:

00044357

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U65991WB1996PLC077341	ITC INFOTECH INDIA LIMITED	Director	17/11/2008	15/12/1999	03/01/2011	Active	NO
2	L16005WB1910PLC001985	ITC LIMITED	Director	29/07/2011	17/01/2001	-	Active	NO
3	U65993WB1994PLC061684	RUSSELL CREDIT LIMITED	Director	14/02/2001	14/02/2001	03/01/2011	Active	NO
4	U55202WB1986PLC049467	GREENACRE HOLDINGS LIMITED	Director	14/02/2001	14/02/2001	03/01/2011	Active	NO
5	U45201WB1996PLC116323	CLASSIC INFRASTRUCTURE AND DEVELOPMENT LIMITED	Director	03/03/2001	03/03/2001	03/01/2011	Active	NO
6	U67120WB1893NPL000761	THE BENGAL CHAMBER OF COMMERCE AND INDUSTRY	Director	13/03/2001	13/03/2001	22/09/2010	Active	NO
7	U16003WB1935PLC008314	GOLD FLAKE CORPORATION LIMITED	Director	12/09/2001	12/09/2001	03/01/2011	Active	NO

Name :

Sahibzada Syed Bahib-Ur-Rehman

Designation :

Non-Executive Director

Address :

N-140, Panchsheel Parrk, New Delhi – 110017, India

Date of Birth/ Age :

20.03.1944

Date of Appointment :

15.09.2014

PAN No.:

AAEPR7929K

Voter ID No.:

DL/02/008/249794

DIN No.:

00050862

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	L63040DL1981PLC011941	INTERNATIONAL TRAVEL HOUSE LIMITED	Director	09/03/1992	09/03/1992	21/03/2009	Active	NO
2	U74899HR1992PLC052412	LANDBASE INDIA LIMITED	Director	01/03/1994	01/03/1994	20/03/2009	Active	NO
3	U55101HR1995PLC052281	FORTUNE PARK HOTELS LIMITED	Director	26/07/1995	26/07/1995	21/03/2009	Active	NO
4	L55100GJ1982PLC005408	GUJARAT HOTELS LIMITED	Director	08/03/1996	08/03/1996	20/03/2009	Active	NO
5	U74899DL1995PLC099649	MAHARAJA HERITAGE RESORTS LIMITED	Director	02/07/1997	02/07/1997	20/03/2009	Active	NO
6	L16005WB1910PLC001985	ITC LIMITED	Director	15/09/2014	21/11/1997	-	Active	NO
7	L65910DL1989PLC034812	TOURISM FINANCE CORPORATION OF INDIA LIMITED	Director	15/05/2000	15/05/2000	17/09/2010	Active	NO
8	U55100MH2001PLC130621	MUMBAI INTERNATIONAL CONVENTION AND EXHIBITION CENTRE LIMITED	Director	29/01/2001	29/01/2001	18/07/2009	Active	NO
9	U74999TG1984PLC005192	SRINIVASA RESORTS LIMITED	Director	01/12/2006	01/12/2006	20/03/2009	Active	NO
10	U45201DL2005PTC142603	METRO VALLEY BUSINESS PARK PRIVATE LIMITED	Director	23/06/2009	20/05/2009	16/09/2013	Active	NO
11	U34200DL2008PTC172214	CARNATION AUTO INDIA PRIVATE LIMITED	Director	16/09/2010	15/02/2010	16/09/2013	Active	NO
12	U72200DL2001PLC111313	MAX HEALTHCARE INSTITUTE LIMITED	Director	28/09/2010	03/03/2010	23/09/2013	Active	NO
13	U55101MH1979PTC045117	NARANGS INTERNATIONAL HOTELS PRIVATE LIMITED	Director	03/05/2010	03/05/2010	06/08/2010	Active	NO

Name :

Meera Shankar

Designation :

Non-Executive Director

Address :

C 1/19, Bappa Nagar, Subramania Bharati Marg, New Delhi – 110003, India

Date of Birth/ Age :

09.10.1950

Date of Appointment :

15.09.2014

PAN No.:

BCIPS4161H

DIN No.:

06374957

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	L16005WB1910PLC001985	ITC LIMITED	Director	15/09/2014	06/09/2012	-	Active	NO
2	L24100MH1969PLC014336	PIDILITE INDUSTRIES LIMITED	Director	25/09/2014	30/07/2014	-	Active	NO

Name :

Robert Earl Lerwill

Designation :

Non-Executive Director

Name :

Suryakant Balkrishna Mainak

Designation :

Non-Executive Director

Name :

Dinesh Kumar Mehrotra

Designation :

Director

Address :

A-6, Jivan Jyoti, Setalvad Lane, Nepean Sea Road, Mumbai- 400026, Maharashtra, India

Date of Birth/ Age :

05.05.1953

PAN No.:

ADQPM6804K

Date of Appointment :

30.07.2013

DIN No.:

00142711

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U65992MH2003PTC139955	LIC NOMURA MUTUAL FUND TRUSTEE COMPANY PRIVATE LIMITED	Director	26/07/2005	26/07/2005	16/05/2008	Active	NO
2	L26940MH1936PLC002515	ACC LIMITED	Nominee director	14/10/2005	14/10/2005	28/07/2011	Active	NO
3	U65990MH1987PLC044571	INFRASTRUCTURE LEASING AND FINANCIAL SERVICES LIMITED	Nominee director	07/07/2011	02/05/2006	23/05/2013	Active	NO
4	L16005WB1910PLC001985	ITC LIMITED	Director	30/07/2013	26/05/2006	26/10/2013	Active	NO
5	L65922MH1989PLC052257	LIC HOUSING FINANCE LIMITED	Nominee director	20/07/2011	20/05/2008	01/08/2013	Active	NO
6	U85310MH2001PLC133341	LICHFL CARE HOMES LIMITED	Nominee director	26/06/2008	29/05/2008	05/08/2011	Active	NO
7	U65100DL2008PLC184790	LIC CARDS SERVICES LIMITED	Director	09/08/2011	11/11/2008	01/06/2013	Active	NO
8	U67190MH2008PTC179718	LICHFL TRUSTEE COMPANY PRIVATE LIMITED	Director	11/08/2010	11/08/2010	08/08/2011	Active	NO
9	U67190MH1994PLC077858	LIC NOMURA MUTUAL FUND ASSET MANAGEMENT COMPANY LIMITED.	Nominee director	18/06/2011	18/06/2011	01/06/2013	Active	NO
10	U66020MH2007PLC176066	LIC PENSION FUND LIMITED	Nominee director	28/06/2011	28/06/2011	31/05/2013	Active	NO
11	U65900MH2008PLC178883	LICHFL ASSET MANAGEMENT COMPANY LIMITED	Nominee director	08/08/2011	08/08/2011	01/06/2013	Active	NO
12	L27100MH1907PLC000260	TATA STEEL LIMITED	Director	14/08/2013	22/10/2012	-	Active	NO
13	L51909MH2002PLC135594	MULTI COMMODITY EXCHANGE OF INDIA LIMITED	Nominee director	03/07/2013	03/07/2013	-	Active	NO
14	U65910TN1988PTC015757	COMPUTER AGE MANAGEMENT SERVICES PRIVATE LIMITED	Director	20/08/2014	06/03/2014	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Biswa Behari Chatterjee
Designation :	Executive Vice President and Company Secretary
Address :	3, Lovelock Street, Kolkata – 700019, West Bengal, India
Date of Birth/ Age :	03.02.1953
PAN No.:	ABVPC6650Q
Voter ID No.:	WB/23/146/080131
Date of Appointment :	02.10.1990
Name :	Mr. Rajiv Tandon
Designation :	Chief Financial Officer
Name :	Kannadiputhur Sundararaman Suresh
Designation :	General Counsel
Audit Committee :	S B Mathur - Chairman A Baijal - Member P B Ramanujam - Member K Vaidyanath - Member P V Dhobale - Invitee R Tandon - Invitee R Parasuram – Invitee (Head of Internal Audit) Representative of Invitee the Statutory Auditors B B Chatterjee - Secretary
CSR and Sustainability Committee :	Y C Deveshwar - Chairman A V Girija Kumar - Member R E Lerwill - Member S B Mainak - Member A Ruys - Member M Shankar - Member B B Chatterjee - Secretary
Nomination and Compensation Committee :	S H Khan - Chairman Y C Deveshwar - Member S S H Rehman - Member M Shankar - Member K Vaidyanath - Member
Stakeholders Relationship Committee :	A V Girija Kumar - Chairman K N Grant - Member K Vaidyanath - Member B B Chatterjee - Secretary
Independent Directors Committee :	A Baijal - Member S H Khan - Member S B Mathur - Member P B Ramanujam - Member S S H Rehman - Member M Shankar - Member
Corporate Management Committee :	Executive - Directors Y C Deveshwar - Chairman N Anand - Member P V Dhobale - Member K N Grant – Member Executives A Nayak - Member T V Ramaswamy - Member S Sivakumar - Member K S Suresh - Member R Tandon - Member B B Chatterjee - Member and Secretary

SHAREHOLDING PATTERN

As on 31.03.2015

Category of Shareholder	Total No. of Shares	% of Total No. of Shares
(A) Shareholding of Promoter and Promoter Group
(1) Indian
(2) Foreign
(B) Public Shareholding
(1) Institutions
Mutual Funds / UTI	1031520323	12.90
Financial Institutions / Banks	9223361	0.12
Insurance Companies	1745306282	21.83
Foreign Institutional Investors	1341605225	16.78
Any Others (Specify)	319036559	3.99
Foreign Portolio Investor (Corporate)	319036559	3.99
Sub Total	4446691750	55.61
(2) Non-Institutions
Bodies Corporate	263815414	3.30
Individuals
Individual shareholders holding nominal share capital up to Rs. 0.100 Million	672411861	8.41
Individual shareholders holding nominal share capital in excess of Rs. 0.100 Million	131697670	1.65
Any Others (Specify)	2480939711	31.03
Foreign Corporate Bodies	2413686872	30.19
Foreign Nationals	518951	0.01
Trusts	13432898	0.17
Clearing Members	9072534	0.11
Non Resident Indians	44228456	0.55
Sub Total	3548864656	44.39
Total Public shareholding (B)	7995556406	100.00
Total (A)+(B)	7995556406	100.00
(C) Shares held by Custodians and against which Depository Receipts have been issued	0	0.00
(1) Promoter and Promoter Group	0	0.00
(2) Public	19963135	0.00
Sub Total	19963135	0.00
Total (A)+(B)+(C)	8015519541	0.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Cigarettes and Tobacco. It is also engaged in Hotel Business.

Products :

Item Code No. (ITC Code)	Product Description
2402	Cigarettes
4810	Paper and Paperboard coated one or both sides with Kaolin
9963	Accommodation, food and beverage services

Brand Names :

Not Available

Agencies Held :

Not Available

Exports :

Not Available

Imports :

Not Available

Terms :

Selling :

Not Available

Purchasing :

Not Available

PRODUCTION STATUS – NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference :	Not Available
Name of the Person :	Not Available
Contact No.:	Not Available
Since How Long Known :	Not Available
Experience :	Not Available
Maximum Limit Dealt :	Not Available
Remark :	--

Customers :

Reference :	Not Available
Name of the Person :	Not Available
Contact No.:	Not Available
Since How Long Known :	Not Available
Experience :	Not Available
Maximum Limit Dealt :	Not Available
Remark :	--

No. of Employees :

Not Available

Bankers :

• State Bank of India, 38, Chowringhee Lane, Kolkata - 700071, Theyst Bengal, India
• Standard Chartered Grindlays Bank Limited, 41, Chowringhee Lane, Kolkata - 700 071, West Bengal, India
• United Bank of India, 10 Netaji Subhas Road, Kolkata - 700001, West Bengal, India
• Citibank , Kolkata, West Bengal, India
• Industrial Development Bank of India
• Reserve Bank of India

Facilities :

SECURED LOANS	31.03.2015 Rs. In Million	31.03.2014 Rs. In Million
SHORT TERM BORROWINGS
Loans From Banks
Cash Credit Facilities		1.400
Total	NA	1.400

Auditors :
Name :	Deloitte Haskins and Sells Chartered Accountants
Address :	Bengal Intelligent Park, Building Alpha, 1^st Floor, Block - EP and GP Sector - V, Salt Lake Electronics Complex, Kolkata - 700 091, West Bengal, India
PAN No.:	AADFD5357J
Memberships :	Not Available
Collaborators :	Not Available
Subsidiaries (As on 31.03.2014) :	Srinivasa Resorts Limited Fortune Park Hotels Limited Bay Islands Hotels Limited WelcomHotels Lanka (Private) Limited, Sri Lanka Landbase India Limited Russell Credit Limited and its subsidiary Greenacre Holdings Limited Technico Pty Limited, Australia and its subsidiaries Technico Agri Sciences Limited Technico Technologies Inc., Canada Technico Asia Holdings Pty Limited, Australia and its subsidiary Technico Horticultural (Kunming) Co. Limited, China Wimco Limited and its subsidiaries Pavan Poplar Limited Prag Agro Farm Limited ITC Infotech India Limited and its subsidiaries ITC Infotech Limited, UK ITC Infotech (USA), Inc. and its subsidiary Pyxis Solutions, LLC, USA Wills Corporation Limited Gold Flake Corporation Limited ITC Investments and Holdings Limited Surya Nepal Private Limited King Maker Marketing, Inc., USA BFIL Finance Limited and its subsidiary MRR Trading and Investment Company Limited North East Nutrients Private Limited (w.e.f. 06.02.2014) The above list does not include ITC Global Holdings Pte. Limited, Singapore (in liquidation)
Other entities under control of the Company (As on 31.03.2014) :	ITC Sangeet Research Academy ITC Education Trust ITC Rural Development Trust
Associates :	Gujarat Hotels Limited International Travel House Limited - being associates of the Company, Tobacco Manufacturers (India) Limited, UK - of which the Company is an associate.
Associates of the Company’s subsidiaries (As on 31.03.2014) :	Russell Investments Limited Classic Infrastructure and Development Limited Divya Management Limited Antrang Finance Limited - being associates of Russell Credit Limited, and ATC Limited - being associate of Gold Flake Corporation Limited
Joint Ventures (As on 31.03.2014) :	Maharaja Heritage Resorts Limited Espirit Hotels Private Limited Logix Developers Private Limited
Joint Venture of the Company’s subsidiary (As on 31.03.2014) :	ITC Essentra Limited (formerly known as ITC Filtrona Limited) - being joint venture of Gold Flake Corporation Limited

CAPITAL STRUCTURE

As on 31.03.2014

Authorised Capital : Not Available

Issued, Subscribed & Paid-up Capital : Rs. 80.155 Million

After 30.07.2014

Authorised Capital : Rs. 10000.000 Million

Issued, Subscribed & Paid-up Capital : Rs. 8015.519 Million

As on 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
10000000000	Equity Shares	Re. 1/- each	Rs.10000.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
7953182950	Equity Shares	Re. 1/- each	Rs.7953.200 Million

NOTES:

Reconciliation of the number of shares

Equity Shares	Number of Shares	Rs. In Million
As at beginning of the year	7901833110	7901.800
Add: Issue of Shares on exercise of Options	51349840	51.400
As at end of the year	7953182950	7953.200

Details of equity shares held by shareholders holding more than 5% shares:

Name of Shareholder	Number of Shares	% holding
Tobacco Manufacturers (India) Limited	1985564880	24.96
Life Insurance Corporation of India	1102829844	13.87
Specified Undertaking of the Unit Trust of India	896724540	11.28

Ordinary shares allotted as fully paid up bonus shares for the period of five years immediately preceding 31st march

Particulars	Number of Shares
Bonus Shares issued in 2010-11	3826701530

Rights, preferences and restrictions attached to the ordinary shares

The Ordinary Shares of the Company, having par value of Re.1.00 per share, rank pari passu in all respects including voting rights and entitlement to dividend.

Shares reserved for issue under options

Particulars	Number of Shares
Ordinary Shares of Re.1.00 each	265813470

Terms and conditions of options granted

Each Option entitles the holder thereof to apply for and be allotted ten Ordinary Shares of the Company of Rs. 1.00 each upon payment of the exercise price during the exercise period. The exercise period commences from the date of vesting of the Options and expires at the end of five years from (i) the date of grant in respect of Options granted under the ITC Employee Stock Option Scheme (introduced in 2001) and (ii) the date of vesting in respect of Options granted under the ITC Employee Stock Option Scheme -2006 and the ITC Employee Stock Option Scheme -2010.

The vesting period for conversion of options is as follows:

On completion of 12 months from the date of grant of the Options:	30% Vests
On completion of 24 months from the date of grant of the Options:	30% Vests
On completion of 36 months from the date of grant of the Options:	40% Vests

The Options have been granted at the ‘market price’ as defined from time to time under the Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999.

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2015	31.03.2014	31.03.2013
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	80.155	7953.200	7901.800
(b) Reserves & Surplus	2993.414	254667.000	214976.700
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	3073.569	262620.200	222878.500
(3) Non-Current Liabilities
(a) long-term borrowings	3.869	510.000	664.000
(b) Deferred tax liabilities (Net)	163.160	12969.600	12037.200
(c) Other long term liabilities	0.705	50.900	31.100
(d) long-term provisions	10.072	1100.000	1256.200
Total Non-current Liabilities (3)	177.806	14630.500	13988.500
(4) Current Liabilities
(a) Short term borrowings	0.002	1.400	0.000
(b) Trade payables	190.462	19875.900	16689.800
(c) Other current liabilities	367.118	36318.800	35286.200
(d) Short-term provisions	610.609	58847.100	51331.300
Total Current Liabilities (4)	1168.191	115043.200	103307.300
TOTAL	4419.566	392293.900	340174.300
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1629.263	119486.900	111185.500
(ii) Intangible Assets	0.000	640.500	907.900
(iii) Capital work-in-progress	0.000	22729.400	14728.000
(iv) Intangible assets under development	0.000	227.900	149.900
(b) Non-current Investments	244.164	25121.700	20008.600
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	150.636	14800.200	17279.700
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	2024.063	183006.600	164259.600
(2) Current assets
(a) Current investments	596.382	63112.600	50594.300
(b) Inventories	783.676	73595.400	66002.000
(c) Trade receivables	172.240	21653.600	11633.400
(d) Cash and cash equivalents	758.861	32893.700	36150.000
(e) Short-term loans and advances	54.989	7835.100	5121.400
(f) Other current assets	29.355	10196.900	6413.600
Total Current Assets	2395.503	209287.300	175914.700
TOTAL	4419.566	392293.900	340174.300

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2015	31.03.2014	31.03.2013
	SALES
		Income	365074.000	332386.000	299012.700
		Other Income	15431.300	11071.400	9387.000
		TOTAL (A)	380505.300	343457.400	308399.700
Less	EXPENSES
		Cost of Materials Consumed	109878.300	102632.800	89362.100
		Purchases of Stock-in-Trade	38986.600	30214.700	33759.200
		Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(2145.300)	(1284.100)	(2463.500)
		Employees benefits expense	17800.400	16083.700	13870.100
		Other expenses	65818.500	60190.500	58209.700
		TOTAL (B)	230338.500	207837.600	192737.600
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		150166.800	135619.800	115662.100
Less	FINANCIAL EXPENSES (D)		574.200	29.500	864.700
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		149592.600	135590.300	114797.400
Less/ Add	DEPRECIATION/ AMORTISATION (F)		9617.400	8999.200	7955.600
	PROFIT BEFORE TAX (E-F) (G)		139975.200	126591.100	106841.800
Less	TAX (H)		43897.900	38739.000	32657.900
	PROFIT AFTER TAX (G-H) (I)		96077.300	87852.100	74183.900
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD			37881.000	19725.900
Less	APPROPRIATIONS
		Transfer to General Reserve		8800.000	7500.000
		Proposed Dividend For The Financial Year		47719.100	41484.600
		Special Dividend		0.000	0.000
		Income Tax on Proposed Dividends Current Year		8109.900	7050.300
		Income Tax on Proposed Dividends Earlier Year’s Provision		(286.800)	(6.100)
	BALANCE CARRIED TO THE B/S			61390.900	37881.000
	EARNINGS IN FOREIGN CURRENCY
		Export of Goods (F.O.B.)	NA	37436.900	32053.200
		Hotel Earnings		4964.100	5495.100
		Freight and Insurance Recoveries		283.000	259.200
		Interest		32.500	143.000
		Dividend		130.500	55.700
		Other Earnings*		56.800	67.800
	TOTAL EARNINGS			42903.800	38074.000
	IMPORTS
		Raw Materials		11022.500	11211.000
		Components and Spare Parts (Including Stores)		823.500	817.000
		Capital Goods		7296.900	6206.200
		Others		320.800	226.600
	TOTAL IMPORTS			19463.700	18460.800
	Earnings / (Loss) Per Share
	- Basic		12.05	11.09	9.45
	- Diluted		11.93	10.96	9.33

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2015	31.03.2014	31.03.2013
Current Maturities of Long term debt	NA	154.000	112.700
Cash generated from operations	NA	107595.000	95962.400

KEY RATIOS

PARTICULARS		31.03.2015	31.03.2014	31.03.2013
Net Profit Margin (PAT/Sales)	(%)	26.32	26.43	24.81
Operating Profit Margin (PBDIT/Sales)	(%)	41.13	40.80	38.68
Return on Total Assets (PBT/Total Assets}	(%)	3352.38	36.78	35.00
Return on Investment (ROI) (PBT/Networth)		45.54	0.48	0.48
Debt Equity Ratio (Total Debt /Networth)		0.00	0.00	0.00
Current Ratio (Current Asset/Current Liability)		2.05	1.82	1.70

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2013	31.03.2014	31.03.2015
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	7901.800	7953.200	80.155
Reserves & Surplus	214976.700	254667.000	2993.414
Share Application money pending allotment	0.000	0.000	0.000
Net worth	222878.500	262620.200	3073.569
long-term borrowings	664.000	510.000	3.869
Short term borrowings	0.000	1.400	0.002
Current Maturities of Long Term Debt	112.700	154.000	0.000
Total borrowings	776.700	665.400	3.871
Debt/Equity ratio	0.003	0.003	0.001

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2013	31.03.2014	31.03.2015
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	299012.700	332386.000	365074.000
		11.161	9.834

NET PROFIT MARGIN

Net Profit Margin	31.03.2013	31.03.2014	31.03.2015
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	299012.700	332386.000	365074.000
Profit	74183.900	87852.100	96077.300
	24.81%	26.43%	26.32%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check list by info agents	Available in Report (Yes/No)
1	Year of establishment	Yes
2	Constitution of the entity -Incorporation details	Yes
3	Locality of the entity	Yes
4	Premises details	No
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	No
8	Designation of contact person	No
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	No
12	Voter Id Card No. of Proprietor / Partners	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	No
16	No. of employees	No
17	Details of sister concerns	Yes
18	Major suppliers	No
19	Major customers	No
20	Banking Details	Yes
21	Banking facility details	Yes
22	Conduct of the banking account	--
23	Financials, if provided	Yes
24	Capital in the business	Yes
25	Last accounts filed at ROC, if applicable	Yes
26	Turnover of firm for last three years	Yes
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last three years	Yes
30	Major shareholders, if available	Yes
31	External Agency Rating, if available	Yes
32	Litigations that the firm/promoter involved in	Yes
33	Market information	--
34	Payments terms	No
35	Negative Reporting by Auditors in the Annual Report	No

LITIGATION DETAILS

CALCUTTA HIGH COURT

CASE STATUS INFORMATION SYSTEMS

CASE STATUS: ----

STATUS OF: TEMP APO (APOT) 25 OF 2011

GODFREY PHILLIPS (INDIA) LIMITED VS. ITC LIMITED

PET’S ADV.: VIPUL KUNDALIA

RES’S ADV.: -----

COURT NO.: 0

LAST LISTED ON: NO DATE MENTIONED

CATEGORY: FINAL DECREE

CONNECTED APPLICATION (S)	CONNECTED MATTER (S)
NO CONNECTED APPLICATION	NO CONNECTED CASES

CASE UPDATED ON: MONDAY, JANUARY 17, 2011

UNSECURED LOAN:

PARTICULARS	31.03.2015 Rs. In Million	31.03.2014 Rs. In Million
LONG TERM BORROWINGS
Term Loan From Banks		0.000
Deferred Payment Liabilities Sales Tax Deferment Loans		510.000
Total	NA	510.000

INDEX OF CHARGE

Sr. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	90048469	18/06/2001 *	1,400,000,000.00	ITC Limited	Virginia House, 37;Chowrighee, Kolkata - 700071, West Bengal, India	-
2	90249950	16/12/1992	100,000,000.00	Industrial Finance Corporation Of India	Bank Of Baroda Building, 16; Sansad Marg, New Delhi - 110001, India	-
3	90249944	14/10/1992	1,150,000,000.00	State Bank Of India	Chowringhee Branch, 38; Chowringhee Road, Kolkata- 700071 , West Bengal, India	-
4	90249931	14/05/1992	8,600,000.00	The Industrial Credit And Investment Corporation Of India Limited	163; Backbay Reclamation, Bombay - 400020, Maharashtra, India	-
5	90251696	03/12/1998 *	7,000,000,000.00	State Bank Of India	34; Jawaharlal Nehru Road, Kolkata - 700071, West Bengal, India	-
6	90249861	26/03/1990	11,500,000.00	Industrial Finance Corporation Of India	2; Fairlie Place, Kolkata - 700001, West Bengal, India	-
7	90249828	16/04/1998 *	7,000,000,000.00	State Bank Of India	38; Chowringhee, Kolkata - 700071, West Bengal, India	-
8	90251676	15/07/2010 *	6,000,000,000.00	State Bank Of India	Reliance House, 34 J. L. Nehru Road, Kolkata - 700071, West Bengal, India	A93676666
9	90249593	20/10/1981	1,750,000.00	Tata Burroughs Limited	Manish Commercial Contre, 216;-A; Dr. Annie Desant Road. Worli, Bombay - 400025, Maharashtra, India	-
10	90250976	18/04/1980	2,700,000.00	State Bank Of India	Jeevan Deep. 1-Middleton Street, Kolkata - 700071, West Bengal, India	-

Date of Charge of Modification

FIXED ASSETS

· Land

· Building

· Plant and Machinery

· Computer

· Vehicles

· Furniture and Fixture

PRESS RELEASE

ITC TO INVEST RS 10000.000 MILLION INTO DAIRY, JUICE BUSINESS

KOLKATA: ITC LIMITED will invest Rs 1,0000.000 Million for its ambitious foray into dairy and juice businesses which it plans to roll out in the January-March quarter, two people aware of the development said.

The Kolkata-based cigarette-to-FMCG-hospitality conglomerate will make the proposed investment in the short term on manufacturing capacity, marketing, brand building and distribution expenses, two senior industry executives told ET.

ITC has already undertaken over Rs 2500.000 Million investments on these two businesses. Early this year ITC acquired Bengaluru-based B Natural juice brand for about Rs.500.000-600.000 Million, which is now being modernised both in terms of formulation and packaging.

ITC's expansion into dairy is done organically and involves setting up processing plants in Munger ( Bihar), Punjab, Uttar Pradesh, Maharashtra, Telangana and Andhra Pradesh. Trial production in Munger will start this month, the executives quoted above said.

The company wants to have a local production footprint to overcome distribution hassles of dairy products and also to suit the palette of consumers in each region since milk quality differs.

When contacted, ITC Limited divisional chief executive (foods) Chitranjan Dar refused to confirm investment figure and expansion plans, citing confidentiality reason.

Dar, however, said ITC will soon roll out juices across the country, whereas the entry into dairy business will be late next quarter. "We plan to regionalise both juices and dairy products since the taste would vary," he said.

He said ITC will roll out both 100% juices and nectars with 7-8 variants, while in dairy it is yet to decide the full portfolio.

"In dairy, there will be both B2B and B2C products such as milk powder and ghee to start with. However, our aim is to launch a wide variety of dairy products which we will evolve in phases," Dar said.

Industry executives quoted above said since ITC looks to launch innovative products in both segments as it eyes market leadership.

For instance, in juices, it is experimenting with traditional flavours and variants which are still not in the market. In dairy it will roll out value-added products, including chocolates. While Amul will be the biggest competitors in dairy business, ITC will fight Dabur's Real and PepsiCo's Tropicana brands in the Rs.20000.00 Million packaged juice market.

When asked about competition, Dar said ITC will aim for product superiority, use the group's synergies in back-end agri and dairy sourcing, and use its wide panel of chefs in the hotel business to finetune its offering. "For instance, we have done a lot of juice trails in our hotels with chefs, right from getting the right taste to the juice thickness," he said.

ITC is expanding its agri-commodity sourcing to grow fruits and pulps for its juices business, while for the dairy business it has set up 261 cattle development centres across seven states and its milk procurement network in Munger includes 194 milk producer groups with average daily procurement of 13,729 litres per day.

ITC RALLIES OVER 2% ON REPORTS OF PRICE HIKE

NEW DELHI: ITC Limited surged over 2.2 per cent in trade on Thursday, after ET Now reported that the diversified conglomerate has hiked prices of cigarettes by up to 20%.

The stock ended at the Rs 346.25; up 2.35%, on the BSE.

The company has hiked prices to off-set impact of excise duty hikes, said the ET Now report quoting sources. Last month, excise duty on cigarettes was hiked ranging from 15 per cent on the cigarettes length of 65mm and above to 25 per cent for the cigarettes of length less than 65 mm in the Union Budget.

Analysts were expecting ITC to take 10-12% price hike for the year which would be a clear negative for volumes / EBIT growth given continued pressure on volume/ EBIT growth currently. However, the company has hiked prices by up to 20 per cent.

Apart from that the diversified conglomerate ITC is scouting for more acquisitions to scale up its non-cigarette fast-moving consumer goods (FMCG) business, as it expects cumulative brand turnover from this segment to increase to Rs.150000.000 Million in the next two-three years.

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.85
UK Pound	1	Rs.98.12
Euro	1	Rs.71.28

INFORMATION DETAILS

Analysis Done by :	SUB
Report Prepared by :	TRU

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	9
PAID-UP CAPITAL	1~10	9
OPERATING SCALE	1~10	9
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	9
--PROFITABILITY	1~10	9
--LIQUIDITY	1~10	9
--LEVERAGE	1~10	9
--RESERVES	1~10	9
--CREDIT LINES	1~10	9
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	YES
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	YES
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		81

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
NB		NEW BUSINESS

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.