ITC Limited completes acquisition of 100% shares of Sproutlife Foods Pvt Ltd
ITC Ltd · Diversified FMCG
What the filing says
- On 28th September 2026, ITC acquired 13,445 equity shares of Sproutlife, increasing its holding from ~47.5% to 100%
- Acquisition cost approximately ₹645 crore, paid in cash, with no regulatory approvals required
- Sproutlife, incorporated on 13th February 2015, manufactures and sells food products under the 'Yoga Bar' brand, reporting turnovers of ₹108 crore (2023-24), ₹200 crore (2024-25), and ₹452 crore (2025-26) predominantly in India
Why it's rated notable: The completed cash purchase of the remaining stake for ~ ₹ 645 crores is at least medium under the ₹500 crore threshold, and the filing's annual turnover figures for Sproutlife (₹ 452 crores in 2025-26) are small next to the company's annual revenue of ₹76,488 crore, so it does not reach high.
Original filing
Announcement under Regulation 30 (LODR)-Acquisition
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.