ITC Hotels MD, chairman, board of directors and AGM
NSE: ITCHOTELSBSE: 544325Leisure ServicesMid Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹161.83.
- Next results date: the board meets on 26 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹32,548 Cr245th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 27 Jul 2026
- 37.7
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 27 Jul 2026
- 2.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.64%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 27 Jul 2026
- 7.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 27 Jul 2026
- 9.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 27 Jul 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 26,13,89748.2% delivered
ITC Hotels board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonSanjiv PuriRelated to the promoter
- Managing directorAnil Chadha
- Company Secretary and Compliance OfficerDiwaker Dinesh
10 directors5 independent1 executive4 non-executive
- Sanjiv Puri · ChairpersonNon-executive · joined Apr 2024 · 2 listed boards
- Kamal BaliIndependent · joined Dec 2024 · reappointed Dec 2024 · 21 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Indu BhushanIndependent · joined Dec 2024 · reappointed Dec 2024 · 21 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 3 as chair
- Anil Chadha · Managing directorExecutive · joined Apr 2024 · 3 listed boards
- Ramakrishnan ChanderNon-executive · joined Aug 2026 · 2 listed boards · 2 committee seats, 1 as chair
- Supratim DuttaNon-executive · joined Apr 2024 · 2 listed boards · 3 committee seats, 2 as chair
- Mukesh GuptaIndependent · joined Nov 2024 · reappointed Nov 2024 · 22 months as independent · 2 listed boards · 2 as independent · 4 committee seats
- Prathivadibhayankara Rajagopalan RameshIndependent · joined Nov 2024 · reappointed Nov 2024 · 22 months as independent · 7 listed boards · 7 as independent · 8 committee seats, 5 as chair
- Vrinda SarupIndependent · joined Nov 2024 · reappointed Nov 2024 · 22 months as independent · 3 listed boards · 3 as independent · 2 committee seats
- Rajendra Kumar SinghiNon-executive · joined Apr 2024 · 1 listed board · 3 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Tablesh Pandey, left 6 Mar 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 16 Jul 20269 of 9 present5 independent · 61 days in between
- 15 May 20269 of 9 present5 independent
Audit Committee
Chair Prathivadibhayankara Rajagopalan Ramesh
Kamal Bali, Mukesh Gupta
- 16 Jul 20263 of 3 present3 independent · 61 days in between
- 15 May 20262 of 3 present2 independent · 16 days in between
- 28 Apr 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Vrinda Sarup
Sanjiv Puri, Prathivadibhayankara Rajagopalan Ramesh
- 16 Jul 20263 of 3 present2 independent · 61 days in between
- 15 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Indu Bhushan
Kamal Bali, Rajendra Kumar Singhi
- 22 Sep 20263 of 3 present2 independent · 32 days in between
- 20 Aug 20263 of 3 present2 independent · 100 days in between
- 11 May 20263 of 3 present2 independent · 16 days in between
Risk Management Committee
Chair Supratim Dutta
Anil Chadha, Mukesh Gupta, Ashish Thakar
- 24 Apr 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Sanjiv Puri
Indu Bhushan, Anil Chadha, Vrinda Sarup
- 15 May 20264 of 4 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- S.R. Batliboi & Co. LLPPeer-review certificate valid to Jul 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
ITC Hotels AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.ITC Hotels dividend history
Annual general meeting, 6 Aug 2026
23,68,330 shareholders on the register on 30 Jul 2026; present: 7 promoters and 293 others; votes counted by R. L. Auddy / Messrs. Sandersons & Morgans, Advocates & Solicitors.The company's voting result (opens in a new tab)
Adoption of (i) the Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 and the Reports of the Board of Directors and the Auditors thereon, and (ii) the Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026 and the Report of the Auditors thereon.MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 79.82% · promoters 100.00% · institutions 92.60% · other public 29.24%
- Declaration of Final Dividend of Re. 1/- per Equity Share of Re. 1/- each for the financial year ended 31st March, 2026.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 79.82% · promoters 100.00% · institutions 92.61% · other public 29.24%
- Appointment of Mr. Rajendra Kumar Singhi (DIN: 00009931) who retired by rotation and offered himself for re-election.Ordinary99.63% for0.37% against
Against: promoters 0.00% · institutions 0.84% · other public 0.25%
Turnout: all 79.82% · promoters 100.00% · institutions 92.61% · other public 29.24%
- Approval of the remuneration to Messrs. S. R. Batliboi & Co. LLP, Chartered Accountants, Statutory Auditors of the Company, to conduct audit for the financial year 2026-27.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.24%
Turnout: all 79.82% · promoters 100.00% · institutions 92.61% · other public 29.24%
- Appointment of Mr. Ramakrishnan Chander (DIN: 11331783) as a Director of the Company for a period of three years with effect from 6th August, 2026.Ordinary99.89% for0.11% against
Against: promoters 0.00% · institutions 0.23% · other public 0.23%
Turnout: all 79.82% · promoters 100.00% · institutions 92.61% · other public 29.24%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 18 Dec 2025, 2 resolutions
25,07,634 shareholders on the register on 31 Oct 2025; votes counted by R. L. Auddy / Messrs. Sandersons & Morgans, Advocates & Solicitors.The company's voting result (opens in a new tab)
- Granting, offering and issuing Equity Settled Stock Appreciation Rights to the eligible employees of the Company under an Employee Stock Appreciation Rights Scheme.Special99.86% for0.14% against
Against: promoters 0.00% · institutions 0.24% · other public 2.14%
Turnout: all 83.56% · promoters 100.00% · institutions 97.02% · other public 3.36%
- Granting, offering and issuing Equity Settled Stock Appreciation Rights to the eligible employees of the subsidiary companies of the Company under an Employee Stock Appreciation Rights Scheme.Special99.91% for0.09% against
Against: promoters 0.00% · institutions 0.14% · other public 2.18%
Turnout: all 83.56% · promoters 100.00% · institutions 97.02% · other public 3.36%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 11 Aug 2025, 4 resolutions
25,64,861 shareholders on the register on 4 Aug 2025; present: 7 promoters and 351 others; votes counted by R. L. Auddy / Messrs. Sandersons & Morgans, Advocates & Solicitors.The company's voting result (opens in a new tab)
Adoption of the Financial Statements of the Company for the financial year ended 31st March, 2025, the Consolidated Financial Statements for the said financial year and the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 84.16% · promoters 100.00% · institutions 96.76% · other public 3.09%
- Appointment of Mr. Supratim Dutta who retires by rotation and offers himself for re-election.Ordinary99.02% for0.98% against
Against: promoters 0.00% · institutions 1.87% · other public 0.46%
Turnout: all 84.16% · promoters 100.00% · institutions 96.77% · other public 3.09%
- Approval to remuneration of Messrs. S. R. Batliboi & Co. LLP, Chartered Accountants, Statutory Auditors of the Company, for conduct of audit for the financial year 2025-26.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.05% · other public 0.28%
Turnout: all 84.16% · promoters 100.00% · institutions 96.77% · other public 3.09%
Appointment of Messrs. S. N. Ananthasubramanian and Co., Company Secretaries, as the Secretarial Auditors of the Company to conduct secretarial audit for a period of five financial years commencing from the financial year 2025-26.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 84.16% · promoters 100.00% · institutions 96.77% · other public 3.10%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Mar 2025, 2 resolutions
27,34,522 shareholders on the register on 31 Jan 2025; votes counted by R. L. Auddy / Messrs. Sandersons & Morgans, Advocates & Solicitors.The company's voting result (opens in a new tab)
- Resolution for entering into and / or continuing to enter into material related party transactions by the CompanyOrdinaryPromoters have an interest in it88.54% for11.46% against
Against: promoters 0.00% · institutions 11.63% · other public 1.24%
Turnout: all 33.95% · promoters 0.00% · institutions 69.47% · other public 4.61%
- Resolution for entering into and / or continuing to enter into material related party transactions by the Subsidiaries of the CompanyOrdinaryPromoters have an interest in it99.40% for0.60% against
Against: promoters 0.00% · institutions 0.59% · other public 1.27%
Turnout: all 33.95% · promoters 0.00% · institutions 69.48% · other public 4.63%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 6 Aug 2026, 14 fund houses so far (houses' deadline to file 15 Oct 2026)
Adoption of (i) the Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 and the Reports of the Board of Directors and the Auditors thereon, and (ii) the Consolidated Financial Statements of the Company for the financial year ended 31st March, 2026 and the Report of the Auditors thereon.MoreLess
14 for0 against- Declaration of Final Dividend of Re. 1/- per Equity Share of Re. 1/- each for the financial year ended 31st March, 2026.14 for0 against
- Appointment of Mr. Rajendra Kumar Singhi (DIN: 00009931) who retired by rotation and offered himself for re-election.14 for0 against
- Approval of the remuneration to Messrs. S. R. Batliboi & Co. LLP, Chartered Accountants, Statutory Auditors of the Company, to conduct audit for the financial year 2026-27.14 for0 against
- Appointment of Mr. Ramakrishnan Chander (DIN: 11331783) as a Director of the Company for a period of three years with effect from 6th August, 2026.14 for0 against
Mutual fund votes, meeting of 18 Dec 2025, 28 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Granting, offering and issuing Equity Settled Stock Appreciation Rights to the eligible employees of the Company under an Employee Stock Appreciation Rights Scheme.27 for0 against
- Granting, offering and issuing Equity Settled Stock Appreciation Rights to the eligible employees of the subsidiary companies of the Company under an Employee Stock Appreciation Rights Scheme.27 for0 against
2 proposals not matched to one resolution
- Approve Extension of Benefits of the ITCHL Employee Stock Appreciation Rights Scheme 2025 to such Employees, including Managing/Wholetime Directors1 for0 against
- Approve Grant and Issuance of Equity Settled Stock Appreciation Rights under ITCHL Employee Stock Appreciation Rights Scheme 2025 (ITCHL ESAR Scheme)1 for0 against
2 earlier meetings
Mutual fund votes, meeting of 11 Aug 2025, 18 fund houses
Adoption of the Financial Statements of the Company for the financial year ended 31st March, 2025, the Consolidated Financial Statements for the said financial year and the Reports of the Board of Directors and the Auditors thereon.MoreLess
18 for0 against- Appointment of Mr. Supratim Dutta who retires by rotation and offers himself for re-election.18 for0 against
- Approval to remuneration of Messrs. S. R. Batliboi & Co. LLP, Chartered Accountants, Statutory Auditors of the Company, for conduct of audit for the financial year 2025-26.18 for0 against
Appointment of Messrs. S. N. Ananthasubramanian and Co., Company Secretaries, as the Secretarial Auditors of the Company to conduct secretarial audit for a period of five financial years commencing from the financial year 2025-26.MoreLess
18 for0 against
Mutual fund votes, meeting of 26 Mar 2025, 34 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Resolution for entering into and / or continuing to enter into material related party transactions by the Company
Against Franklin Templeton Mutual Fund, HSBC Mutual Fund
- Franklin Templeton Mutual Fund, HSBC Mutual FundA vote AGAINST this resolution is warranted because: • There is insufficient information to justify the royalty payments to the holding company. • The circular fails to provide clarity on how royalty will be calculated. • The company was recently demerged from ITC; and the rationale for paying royalty for use of its corporate name, needs adequate justification.
31 for2 against - Resolution for entering into and / or continuing to enter into material related party transactions by the Subsidiaries of the Company34 for0 against
1 proposal not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtGHK Hospitality & Infrastructures LimitedSince 1 Sep 2026
100.00% bought in the quarter; holding 100.00%, from 0.00%
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.