ITC, 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 deal size, worth approximately ₹187 crore over two tranches, will take ITC’s stake to 62.5% by 2027. That puts Prasuma’s valuation just shy of ₹300 crore, a little more than double its ...

Indian conglomerate ITC has agreed to acquire Prasuma to strengthen its presence in frozen, chilled and ready-to-cook foods. In a stock-exchange filing, ITC described those segments as "future ...

ITC is set to acquire a 43.81 per cent stake for ₹131 crore in Prasuma, a notable player in the ready-to-cook, chilled and frozen food space with a focus on oriental cuisine, as it deepens its ...

Brokerage SMC Global Securities has added ITC to its fundamental picks for a trading week from March 17-21, with a short-term ...

ITC stepped into the food business in 2001 with ... and frozen meats and seafood with Meatigo and Prasuma. Its food portfolio, while strong in staples such as atta, biscuits and snacks, has ...

It has expanded its food division by acquiring Prasuma. This acquisition would further fortify ITC’s presence in these future-facing categories. Its focus on digital transformation along with ...