ITC Acquisition
ITC Ltd's board approved the Scheme of Amalgamation of its wholly owned subsidiary Sproutlife Foods Private Limited into ITC. The scheme is subject to approvals and takes effect from 1 April 2026.
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ITC Ltd's board approved the Scheme of Amalgamation of its wholly owned subsidiary Sproutlife Foods Private Limited into ITC. The scheme is subject to approvals and takes effect from 1 April 2026.
ITC's media statement highlights Q2 FY27 results, with consolidated revenue up 19% YoY and EBITDA margin up 50 bps. It accompanies the unaudited results and presentation filed on 2 November 2026.
ITC Ltd reported revenue from operations of ₹30,578 Cr (+43.9% YoY) and net profit of ₹4,229 Cr (-18.5% YoY) for Q2 FY27.
ITC Limited has scheduled a board meeting for November 2, 2026, to consider and approve its standalone and consolidated financial results for the quarter ended September 2026.
ITC Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026. This disclosure details the shareholding distribution among various investor categories.
GQG Partners LLC disclosed an open-market sale of ITC shares, cutting its aggregate holding from 3.48% to 3.17%. The non-promoter disposal crossed the 2% change threshold.
ITC Ltd. has acquired the remaining shares of Sproutlife Foods Private Limited for ₹645 Crore, resulting in it becoming a wholly-owned subsidiary.
ITC allotted 7,35,050 shares under its ESOP schemes upon exercise of 73,505 options dated September 17, 2026. No transaction value beyond face value is disclosed.
ITC Ltd announced the effective amalgamation of its step-down subsidiaries, Blazeclan Technologies and Cloudlytics Technologies, into its subsidiary ITC Infotech India Ltd.
ITC Limited's subsidiary, ITC Infotech, will acquire a 22.106% stake in Happiest Minds Technologies Limited for Rs. 1,330 crore, followed by an amalgamation.
ITC Limited has allotted 3,13,800 equity shares to employees following the exercise of 31,380 stock options. This issuance increases the company's total issued and subscribed share capital.