BusinessITC Invests ₹900 Crore to Acquire Full Stake in Sproutlife Foods
ITC has acquired the remaining 52.5% stake in Sproutlife Foods for ₹645 crore, increasing its total investment to approximately ₹900 crore. This acquisition supports ITC's strategy to expand its FMCG portfolio amid India's growing health-food market. Sproutlife Foods reported revenue of ₹452 crore in FY26, highlighting its strong market presence.
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