ITC Limited Acquires Sproutlife Foods Private Limited for

ITC Limited has completed the acquisition of a 52.5% stake in Sproutlife Foods Private Limited for ₹67,063,849 INR. This transaction is part of a multi-stage buyout, following ITC's initial acquisition of a 47.5% stake in Sproutlife Foods in early 2023. The completion of this stage brings 100% control of the Yoga Bar product portfolio, which is part of Sproutlife Foods, onto ITC’s balance sheet. This move accelerates ITC's expansion in the high-margin, nutrition-led, and health-focused consumer goods market.