ITC Limited is not owned by a single entity or a business conglomerate like the Tata Group. The largest shareholder of ITC is British American Tobacco p.l.c. (BAT), which holds around 22-25.5% of the company's shares. Additionally, Life Insurance Corporation of India (LIC) owns about 15% of the shares. The ownership of ITC is diversified among institutional investors, mutual funds, retail investors, and foreign institutional investors, with no promoter holding or single controlling owner. Sanjiv Puri is the Chairman and Managing Director of ITC Limited, but the company itself is publicly held with broadly distributed shareholding.

In brief:

• Largest shareholder: British American Tobacco p.l.c. (~22-25.5%)
• Second largest: Life Insurance Corporation of India (~15%)
• No single promoter or business house ownership
• Publicly listed company with diverse shareholders
• Sanjiv Puri is the current Chairman and Managing Director