Indian conglomerate ITC Limited has reportedly recommended an annual general meeting to get shareholder consensus on the reappointment of Sanjiv Puri as MD & Chairman for the second term, effective July 22, 2024.

Puri, who joined ITC in 1986, was appointed as a Whole-time Director on the Board of ITC from December 6, 2015, Chief Executive Officer in February 2017 and re-designated as the Managing Director in May 2018. He was appointed as the Chairman effective May 13, 2019.

He is an alumnus of the Indian Institute of Technology, Kanpur, and the Wharton School of Business, USA.

A news report citing the company’s AGM notice said that it will also appoint its food business chief executive Hemant Malik as a whole-time director on the board, effective August 12, 2023. With his appointment, the company board will have four whole-time executive directors.

Nakul Anand, Sumant Bhargavan and Supratim Dutta are also on the board, say reports.

The 112th AGM is reportedly scheduled for August 11.

ITC’s 112th AGM is scheduled on August 11. With Malik’s appointment, ITC board will have four whole-time executive directors. His appointment will be effective August 12, 2023, for three years.