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ITC has signed a Share Purchase Agreement to acquire 100% of Sresta Natural Bioproducts, known for its ’24 Mantra Organic’ ...
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ITC Acquires Prasuma to Bolster its Frozen Foods PortfolioITC, a diversified conglomerate with a strong presence in the FMCG sector, has signed definitive agreements to acquire 100% of Prasuma, a player in the frozen, chilled, and ready-to-cook foods market.
The Hyderabad-based Sresta Natural Bioproducts Private Limited, which owns the brand, has a wide portfolio of food products focused on the nutrition and organic space, including a range of cooking oil ...
ITC acquires 24 Mantra for Rs 472 crore, tapping into the growing organic food market domestically and internationally.
Consequent to the above, the Company's shareholding in AFPL aggregates 43.75% of its share capital. AFPL is engaged in the business of manufacturing and selling ready to cook snacks & meals, sauces & ...
The ₹131 crore investment comprises a primary equity infusion and secondary share purchases, which will lead to ITC acquiring a substantial minority stake in AFPL.
Diversified group ITC Limited will acquire major paper manufacturer Century Pulp & Paper (‘CPP’) from Aditya Birla Real Estate Limited (‘ABREL’), strengthening its position in paperboards and ...
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