ITC Limited — JV/Acquisition, 19-05-2026: Acquisition

ITC has increased its stake in Mother Sparsh Baby Care Private Limited, acquiring additional shares for ~₹30 Cr. This transaction boosts ITC's shareholding to 49.32% on a fully diluted basis. The move aligns with ITC's strategy to build a future-ready product portfolio catering to evolving consumer needs, particularly in the premium ayurvedic and natural personal care segment, including baby care. Mother Sparsh, which reported a turnover of ₹138.5 Cr in FY26, significantly enhances ITC's presence in this growing market.