ITC Ltd on Tuesday stated its Non-Govt Director David Robert Simpson has resigned because of private causes.
His resignation will probably be efficient from January 30, the Kolkata-headquartered firm stated in a regulatory submitting.
Simpson was on ITC board as a consultant of Tobacco Producers (India) Ltd, a subsidiary of British American Tobacco plc.
“David Robert Simpson, Non-Govt Director, has tendered his resignation from the Board of Administrators of the corporate with impact from thirtieth January, 2024, because of private causes,” ITC stated.
He was appointed on ITC board as a Non-Govt Director with impact from January 27, 2017.
As of September 2023, Tobacco Producers (India) held 23.88 per cent stake in ITC.
