The ₹131 crore investment comprises a primary equity infusion and secondary share purchases, which will lead to ITC acquiring a substantial minority stake in AFPL.

The investment, comprising both primary subscription and secondary purchases of AFPL's equity shares, aligns with ITC's ...

The new acquisition is expected to bolster ITC’s presence in the Rs 10,000 crore frozen foods market. The latest acquisition ...

Consequent to the above, the Company's shareholding in AFPL aggregates 43.75% of its share capital. AFPL is engaged in the business of manufacturing and selling ready to cook snacks & meals, sauces & ...

MUMBAI: FMCG companies are out shopping in the market, weighing potential acquisitions. Three months into the year and the space has seen acquisitions by HUL, ITC, Reliance Consumer Products and ...

It has expanded its food division by acquiring Prasuma. This acquisition would further fortify ITC’s presence in these future-facing categories. Its focus on digital transformation along with ...

BENGALURU -- Top dealmakers are queuing up for Indian consumer-focused companies despite an economic slowdown, hoping to benefit from the country's large and still growing population.

The Best of Aahar 2025! ITC announced the Strategic Aquisition of Prasuma a month ago, the reality of this struck me when I got to meet with the incredible, energetic and passionate team who have ...

Diversified group ITC Limited will acquire major paper manufacturer Century Pulp & Paper (‘CPP’) from Aditya Birla Real ...

SMC Global Securities in its note said, "The company has expanded its food division by acquiring Prasuma. This acquisition would further fortify ITC's presence in these future-facing categories.