ITC Limited — JV/Acquisition, 21-05-2025: Acquisition

ITC has announced a board meeting on the acquisition of a 39.47% stake in Mother Sparsh Baby Care Private Limited for around ₹50.6 Cr. Mother Sparsh is a fast-growing premium ayurvedic and natural baby care brand, enhancing ITC’s footprint in the high-growth baby personal care segment. This move strengthens ITC’s product portfolio in natural and safe consumer goods. With Mother Sparsh’s strong revenue momentum of ₹99.6 Cr in FY25, the deal bolsters ITC’s presence in a rapidly expanding category.