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ITC Director David Robert Simpson Resigns

Simpson was on ITC board as a representative of Tobacco Manufacturers (India) Ltd, a subsidiary of British American Tobacco plc.

<div class="paragraphs"><p>David Robert Simpson (Source: Company Website)</p></div>
David Robert Simpson (Source: Company Website)

ITC Ltd on Tuesday said its Non-Executive Director David Robert Simpson has resigned due to personal reasons.

His resignation will be effective from Jan. 30, the Kolkata-headquartered company said in a regulatory filing.

Simpson was on ITC board as a representative of Tobacco Manufacturers (India) Ltd, a subsidiary of British American Tobacco plc.

"David Robert Simpson, Non-Executive Director, has tendered his resignation from the Board of Directors of the company with effect from Jan. 30, 2024, due to personal reasons," ITC said.

He was appointed on ITC board as a Non-Executive Director with effect from Jan. 27, 2017.

As of September 2023, Tobacco Manufacturers (India) held 23.88% stake in ITC.