ALPHA TRIBE

ITC LimitedJV/Acquisition, 01-04-2026: Acquisition

01-04-2026 | 12:06 pm

ITC has made Sproutlife Foods, the parent of #YogaBar, its subsidiary. With ~47.50% stake, ITC now controls Sproutlife's board by nominating a majority of directors. This acquisition significantly boosts ITC's future-ready food portfolio, adding Yoga Bar's digital-first healthy snacks. Sproutlife reported an FY25 turnover of ₹200 Cr, bringing robust online presence and expanding offline reach. This move strengthens ITC's position in the innovative food segment for retail investors.

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