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ITC is set to increase its stake in Mother Sparsh from 26.5% to 49.3% with an additional Rs 81 crore investment. This ...
ITC had first invested in the company in 2021 as part of its strategy to expand into the natural and ayurvedic personal care space, as well as strengthen its play in digital-first brands.
In a significant move towards expanding its footprint in the natural personal care category, ITC Limited has announced the signing of definitive agreements to acquire the remaining 73.5% stake in ...
Mother Sparsh in a true spirit of entrepreneurship, has created a reputed brand with Indian ethos in the natural baby care ...
Sameer Satpathy, Divisional Chief Executive, Personal Care Products Business Division, ITC Limited, said, said, "This acquisition is an exciting opportunity, aligned with our aspiration to build a ...
ITC first invested in Mother Sparsh in 2021 as part of its strategy to expand in the natural personal care and digital-first ...
Following the fresh capital infusion, ITC’s total investment in the baby care firm will amount to approximately Rs 126 crore.
Besides which, ITC also announced the acquisition of the remaining 73.5% stake of Mother Sparsh Baby Care, an associate company, having previously acquired a 26.5% stake in D2C company Mother ...
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ITC Ltd. closed 17.32% short of its 52-week high of 498.94 rupees, which the company reached on September 27th.