ITC acquires remaining stake in Sproutlife Foods for ₹645 crore
after close1 source ↓machine-written, see hownot a recommendation
- for approximately
- 52.5% stake
- for approximately
- ₹645 crore
- ITC's ownership
- 100%
- effective
- 28 September 2026
ITC has completed the acquisition of Sproutlife Foods, the parent company of Yoga Bar, purchasing the remaining 52.5% stake for approximately ₹645 crore. This transaction increases ITC's ownership to 100%, effective from 28 September 2026. The move solidifies ITC's position in the health-focused food sector, enhancing its digital-first strategy.
• Acquisition value: ₹645 crore
• New ownership: 100%
• Effective date: 28 September 2026
This acquisition may strengthen ITC's market presence in the FMCG sector, particularly in nutrition-focused products.
Not investment advice. For informational purposes only.