ITC (ITC) — Announcement

ITC Limited has acquired 594 equity shares and 2,201 compulsorily convertible preference shares of Mother Sparsh Baby Care Private Limited for an aggregate consideration of ₹50.6 crores. This strategic investment increases ITC's shareholding to 39.47% in the premium ayurvedic and natural baby care start-up, aligning with the company's strategy to expand its consumer product portfolio.

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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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