ITC Limited (ITC) — Announcement

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📢 Key Event
ITC completes second tranche acquisition of Mother Sparsh shares

🔄 What Changed
Shareholding increased from 39.47% to 49.32% on a fully diluted basis

💡 Investor Takeaway
This acquisition deepens ITC's stake in the high-growth baby care segment with premium ayurvedic products.

ITC Limited announced the completion of a secondary purchase of 1,681 equity shares of ₹10 each in Mother Sparsh Baby Care Private Limited, increasing its stake to 49.32% on a fully diluted basis. The acquisition, finalized on May 19, 2026, cost approximately ₹30 crores and aligns with the company's strategy to expand into premium baby care products. This move strengthens ITC's presence in the personal care segment with a focus on ayurvedic and natural baby products.

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