SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ITC acquires preference shares in Mother Sparsh

28 Jun 2023 Evaluate

ITC has acquired 857 Compulsorily Convertible Preference Shares of Rs 10 each of Mother Sparsh at a consideration of around Rs 11.54 crore. With the aforesaid acquisition, the Company’s shareholding in Mother Sparsh aggregates 26.50% of its share capital on a fully diluted basis. 

Earlier, the company had entered into definitive agreements to acquire further 857 Compulsorily Convertible Preference Shares. The said acquisition is in line with the Company’s continued interest in the fast growing Direct to Consumer (D2C) space in the 'personal care' category. 

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agribusiness, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

ITC Share Price

305.95 -0.85 (-0.28%)
20-Apr-2026 14:24 View Price Chart
Peers
Company Name CMP
ITC 305.95
Godfrey Phillips 2144.10
VST Industries 264.05
The Indian Wood Pro. 34.17
NTC Industries 171.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×