ITC (ITC) — Board Meeting

1 Board Meeting 🟡 Notable ✨ Positive 📄 PDF

ITC Limited has signed definitive agreements to acquire 100% of Ample Foods Private Limited and Meat and Spice Private Limited, operating under the Prasuma brand, for an initial investment of ₹131 crores. The acquisition will be completed in tranches over 3 years, strengthening ITC's presence in the high-growth frozen, chilled, and ready-to-cook foods segment.

2 Board Meeting 🟡 Notable ✨ Positive 📄 PDF

ITC Limited has signed definitive agreements to acquire 100% of Prasuma's share capital through Ample Foods Private Limited and Meat and Spice Private Limited. The strategic acquisition targets the ₹10,000 crores frozen, chilled, and ready-to-cook foods market, with an initial investment of ₹131 crores and a phased acquisition approach over 3 years.

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About ITC Limited (ITC)

Fast Moving Consumer Goods · Diversified FMCG · Listed on NSE

Market Cap: ₹3,87,724.39 Cr P/E: 11.1 ROE: 50.0% ROCE: 38.9%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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