The implied cost of the acquisition is to the extent of ₹472.5 crore of which ₹400 crore will be payable on payment terms at closing of the transaction.

Central and state GST officers have uncovered 25,009 fake firms involved in a massive input tax credit (ITC) fraud worth Rs 61,545 crore during 2024-25. Measures such as intelligence sharing and ...

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ITC is making a quiet re-entry into the fast-growing and competitive edible oil business with the acquisition of 24-Mantra Organic, nearly three decades after it exited the segment. The ...

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Multi-conglomerate ITC will acquire Sresta Natural Bioproducts Private Ltd. (SNBPL) , which owns the 24 Mantra Organic brand, in an all-cash deal valued at ₹472.50 crore, to expand its play in ...

ITC has announced the signing of definitive agreements to acquire the balance 73.5% stake in Mother Sparsh Baby Care, a premium Ayurvedic and natural baby care brand. This strategic move ...

Its global footprint, especially among the Indian diaspora, enhances ITC’s export prospects. Commenting on the deal, ITC Wholetime Director Hemant Malik said, “We are excited to welcome 24 Mantra ...

ITC Ltd said it has signed a Share Purchase Agreement to acquire 100% of the share capital of Sresta Natural Bioproducts Private Ltd (SNBPL), an Indian company primarily engaged in the business of ...

Praising the 24 Mantra Organic brand, ITC Wholetime Director Hemant Malik said that it has a reliable supply system and offers trusted organic products. (Image: Reuters/Facebook) The ITC is set to ...

Kolkata: Diversified conglomerate ITC has announced that it would acquire 100% of the share capital of Sresta Natural Bioproducts (SNBPL), which manufactures and sales organic packaged food ...

ITC Ltd. has signed agreements to acquire Sresta Natural Bioproducts Pvt. and Mother Sparsh Baby Care Pvt., the company announced on Thursday. Following the approval by its board, the company has ...