ITC Ltd

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.

ITC Acquisition Worth ₹645 Cr

ITC Ltd. has acquired the remaining shares of Sproutlife Foods Private Limited for ₹645 Crore, resulting in it becoming a wholly-owned subsidiary.

Value

₹645.0 Cr

ITC Acquisition Worth ₹1,330 Cr

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.

Value

₹1,330 Cr

Execution

3 to 8 months

ITC Acquisition Worth ₹30 Cr

ITC Limited completed the second tranche acquisition of Mother Sparsh, increasing its stake to 49.32% for ₹30 Crore. The move strengthens ITC's personal care portfolio.

Value

₹30.00 Cr

ITC Acquisition

ITC Limited has completed the amalgamation of its subsidiaries Sresta Natural Bioproducts and Wimco Limited. Effective June 1, 2026, both entities are dissolved and merged into ITC. Consequently, Sresta's international subsidiaries become direct wholly-owned subsidiaries of ITC Limited, simplifying the group's corporate structure.