Acquisition - ITC Ltd

BSE: 500875 NSE:

The company made Acquisition details as below a) Target Company = Sresta Natural Bioproducts Private Limited b) Step-down Subsidiary = SNBPL has become a wholly owned subsidiary of the Company and its subsidiaries viz., Fyve Elements LLC, USA and Sresta Global FZE, UAE, have become step-down wholly owned subsidiaries of the Company with effect from 13th June, 2025. c) Industry = Food products, primarily organic food products d) Consideration = Upfront consideration of Rs 400 crores on a cash-free debt-free basis, subject to customary adjustments as set out in the Share Purchase Agreements. In addition, consideration of up to Rs 72.50 crores is payable in the next 24 months.