ITC announces acquisition of 24 Mantra Organic brand

ITC announces acquisition of 24 Mantra Organic brand

ITC has signed a Share Purchase Agreement to acquire 100% of Sresta Natural Bioproducts, known for its ’24 Mantra Organic’ brand, for up to ₹472.50 crore. The deal aims to enhance ITC’s portfolio in the growing organic market and is expected to close in Q1 FY26.

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ITC to Acquire Mother Sparsh, Strengthening its Play in the Natural Baby Care Segment - The Times of Bengal

ITC Limited has announced the signing of definitive agreements to acquire the balance 73.5% stake in Mother Sparsh Baby Care Private Limited, a premium Ayurvedic and natural baby care brand. This strategic move strengthens ITC’s commitment to building a portfolio of purpose-led, consumer-centric brands, aligned with the evolving aspirations of Indian consumers. Mr. Himanshu, Founder & CEO, Mother Sparsh ITC to invest Rs 81 crore through combina…

ITC to acquire 24 Mantra Organic brand for Rs 472.50 cr - India Retailing

The transaction will fortify ITC’s presence and market standing in the high growth organic products segment in both Indian and overseas markets New Delhi: Multi-conglomerate ITC on Thursday said it will acquire Sresta Natural Bioproducts, engaged in the manufacturing and sale of organic packaged food products under the 24 Mantra Organic brand, for about Rs 472.50 crore. It has signed a share purchase agreement to acquire a 100 per cent stake in …

ITC Acquires 24 Mantra Organic in INR 472.5 Crore Deal

Sresta Natural Bioproducts Private Limited, which operates under the more recognizable name of 24 Mantra Organic, has been acquired by ITC Limited in a deal that could be worth INR 472.5 crore. Sresta is a leader in the organic foods space, with a strong product portfolio and an extensive distribution network, which will now be available to ITC. This acquisition is iron-clad and will happen on a cash-free, debt-free basis. ITC today also release…