ITC : Acquisition

		ITC Limited
		Virginia House
		37 J. L. Nehru Road
		Kolkata 700 071, India
		Tel. : [phone]
		Fax : [phone] / 1256 / 2259 / 2260
		28th October, 2022
The Manager	The General Manager	The Secretary
Listing Department	Dept. of Corporate Services	The Calcutta Stock
National Stock Exchange of India Ltd.	BSE Ltd.	Exchange Ltd.
Exchange Plaza,	P. J. Towers	7, Lyons Range
Plot No. C-1, G Block	Dalal Street	Kolkata 700 001
Bandra-Kurla Complex	Mumbai 400 001
Bandra (East)
Mumbai 400 051

Dear Sirs,

Acquisition of Compulsorily Convertible Preference Shares of

Mother Sparsh Baby Care Private Limited ('Mother Sparsh')

Further to our letter dated 18th October, 2022, we write to advise, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Company has acquired on 27th October, 2022, 1,000 Compulsorily Convertible Preference Shares of 10/- each of Mother Sparsh.

With the aforesaid acquisition, the Company's shareholding in Mother Sparsh aggregates 22% of its share capital on a fully diluted basis.

Yours faithfully,

ITC Limited

(R. K. Singhi)

Executive Vice President &

Company Secretary

FMCG  HOTELS  PAPERBOARDS & PACKAGING  AGRI-BUSINESS  INFORMATION TECHNOLOGY

Visit us at www.itcportal.com  Corporate Identity Number : L16005WB1910PLC001985  e-mail : [e-mail]

1. Securities Exchange Commission Division of Corporate Finance
   Office of International Corporate Finance Mail Stop 3-9
   450 Fifth Street Washington DC 20549 U.S.A.

1. Societe de la Bourse de Luxembourg 35A Boulevard Joseph II
   L-1840 Luxembourg