MoneyWorks4Me

ITC informs about acquisition

01 Apr 2026 Evaluate
With reference to earlier communications with respect to acquisition of the shares of Sproutlife Foods by the Company, ITC has informed that the Company with effect from today i.e., 1st April, 2026 has acquired the right to nominate majority of the Directors on the Board of Sproutlife. Consequently, Sproutlife has become a subsidiary of the Company with effect from 1st April, 2026, in terms of Section 2(87)(i) of the Companies Act, 2013. Enclosed the relevant disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular dated 30th January, 2026.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
ITC 257.00
Godfrey Phillips Ind 1854.75
VST Industries 201.05
Indian Wood Products 35.79
NTC Industries 127.30
View more..