ITC voluntarily delists shares from Calcutta Stock Exchange; check details here

Diversified conglomerate ITC on Thursday, November 20, said it has completed the process of voluntary delisting of its shares from the Calcutta Stock Exchange Limited (CSE).

The Calcutta Stock Exchange has granted its approval for the voluntary delisting of the ordinary shares of ITC from its "official list of exchange" with effect from November 20, 2025, ITC said in a regulatory filing.

"It may be noted that the ordinary shares of the company will continue to remain listed on the National Stock Exchange of India Limited and BSE Limited," the company said.

ITC’s board of directors, in its meeting on October 30, had approved the voluntary delisting of the company's ordinary shares from the CSE, pursuant to Regulations 5 and 6 of the SEBI (Delisting of Equity Shares) Regulations, 2021.

Following that, it wrote a letter to CSE informing its decision to delist.

On November 19, CSE, through a letter, informed the country's largest cigarette maker of approval for the voluntary delisting of its shares.

CSE, founded in 1908, is one of India's oldest bourses. Trading at CSE was suspended by SEBI in April 2013 due to regulatory non-compliance. After years of efforts to revive operations and contest SEBI directives in courts, the exchange has now decided to back out of the business and seek a voluntary exit from its stock exchange licence.

ITC Q2 results

The firm reported a 2% year-on-year (YoY) increase in its net profit to ₹5,180 crore in the second quarter of FY26, compared to ₹5,078 crore in the same period last year.

Its revenue from operations after deducting excise duty declined 3.4% annually to ₹18,021 crore during the quarter under review, as against ₹18,649 crore in the September FY25 period.

ITC's revenue from the cigarette business rose 7% annually to ₹8,723 crore, and its revenue from other FMCG businesses gained 7% to ₹5,964 crore. Its total revenue from the FMCG business advanced 6.77% to ₹14,687 crore.

Differentiated variants and the premium cigarette segment registered strong growth during the quarter, leveraging mainstream trademarks and innovation, it said in a press release.

ITC has a total market capitalisation of ₹5.09 lakh crore, as of November 20, 2025, according to data on the NSE.