ITC Board Approves Audited FY26 Results, Recommends Final Dividend of ₹8/Share
ITC Limited's Board approved audited standalone and consolidated financial results for FY26. They recommended a final dividend of ₹8 per share, bringing the total FY26 dividend to ₹14.50. The AGM is scheduled for July 23, 2026, with May 27, 2026, as the record date. Mr. Hemant Bhargava's re-appointment as Director was also recommended.
The approval of financial results and the recommendation of a final dividend are significant for shareholders and indicate the company's financial performance. The re-appointment of a director is a routine corporate governance matter.
The positive sentiment is driven by the recommendation of a final dividend and the approval of audited financial results, indicating financial stability and a commitment to shareholder returns.
ITC Limited announced its audited financial results for the quarter and twelve months ended March 31, 2026, following a Board of Directors meeting held on May 21, 2026. The Board approved the Audited Financial Results, including Segment-wise Revenue, Results, Assets, and Liabilities on both standalone and consolidated bases. They also approved the Audited Balance Sheet and Statement of Cash Flows as of March 31, 2026, noting the unmodified audit reports from Messrs. S R B C & CO LLP.
The Board recommended a Final Dividend of ₹8 per Ordinary Share for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the 115th Annual General Meeting (AGM) convened for Thursday, July 23, 2026. If declared, the dividend will be paid between July 24, 2026, and July 29, 2026. Combined with the interim dividend of ₹6.50 declared earlier, the total dividend for FY26 amounts to ₹14.50 per Ordinary Share. The record date for determining entitlement to this final dividend has been fixed as Wednesday, May 27, 2026.
Additionally, the Board recommended the re-appointment of Mr. Hemant Bhargava as a Director and Independent Director for a five-year term effective December 20, 2026, subject to member approval. The Board meeting commenced at 12:35 p.m. and concluded later that day.
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ITC Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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