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M&A and PE deals in India’s consumer and retail sector hit a three-year high in Q1 2025, led by billion-dollar investments in ...
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 ₹131 crore investment comprises a primary equity infusion and secondary share purchases, which will lead to ITC acquiring a substantial minority stake in AFPL.
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 & ...
10d
ET Now on MSNITC Acquisition Latest News: FMGC giant expands frozen foods portfolio! Buys 2.62 lakh shares of THIS companyThe new acquisition is expected to bolster ITC’s presence in the Rs 10,000 crore frozen foods market. The latest acquisition ...
The investment, comprising both primary subscription and secondary purchases of AFPL's equity shares, aligns with ITC's ...
Diversified group ITC Limited will acquire major paper manufacturer Century Pulp & Paper (‘CPP’) from Aditya Birla Real ...
Last month, staples-and-soaps conglomerate ITC acquired 43.8% equity stake in frozen foods maker Prasuma for Rs 131 crore. In December, the Bhartia family, promoters of the Jubilant Bhartia Group, ...
Under GST, the ISD (Input Service Distributor) mechanism is made available for the distribution of common Input Tax Credit (ITC) among different branches on their turnover basis. In ISD mechanism, the ...
Shares of ITC Hotels surged 6 per cent to Rs 188.20, extending its previous day’s 6 per cent gain, on the BSE in Wednesday’s intra-day trade amid heavy volumes in an otherwise subdued market. The ...
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