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ITC Acquisition: ITC has completed an all-cash acquisition of Sresta Natural Bioproducts, owner of the 24 Mantra Organic brand, for Rs 472.50 crore, enhancing its portfolio in the rapidly growing ...
British American Tobacco Plc has described its investment in ITC Ltd as ‘strategic’, adding that it would continue to hold on to a ‘relevant’ stake in the Indian company as a ‘new category’ (smokeless ...
BAT trims ITC stake to 22.9%, raising Rs 12,927 crore but calls it a strategic, not financial, investment. BAT to retain board influence with two directors. Proceeds to support share buyback. ITC ...
“The ITC stake is still for us a strategic investment, It is not a financial investment,” British American Tobacco Chief Executive Tadeu Marroco told analysts when asked how should investors ...
ITC shares experienced a decline of over 5% following reports that British American Tobacco (BAT), the largest shareholder, plans to sell a 2.3% stake in the company through a block deal valued at ...
ITC Q4 Results Live Updates: ITC posted a net profit of ₹19561.57 crore for the March 2025 quarter of FY25, a growth of 247% YoY over ₹5,638 crore posted in the same period a year ago on ...
Irrespective of who said it, this sentiment appears to have found resonance in ITC’s boardroom in recent years. In its evolution from a single-product company to a conglomerate, ITC has ...
Indian conglomerate ITC has struck a deal to acquire Sresta Natural Bioproducts, the owner of the 24 Mantra Organic brand.
ITC Investment In Mother Sparsh: ITC Ltd is set to increase its stake in baby care brand Mother Sparsh to 49.3% with an Rs 81 crore investment, part of a phased acquisition planned for completion ...
ITC is making a quiet re-entry into the fast-growing and competitive edible oil business with the acquisition of 24-Mantra Organic, nearly three decades after it exited the segment.
ITC acquires SNBPL for ₹472.50 crore to boost organic food products, expanding market presence in India and abroad.
India's FMCG giant ITC Ltd announced the acquisition of a 100 per cent stake in Sresta Natural Bioproducts Pvt Ltd, the maker of 24 Mantra Organic, for up to Rs 472.50 crore on a cash-free, debt-free ...
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