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ITC Ltd has on 4th May, 2023 acquired 2,443 Equity Shares of Rs. 10/- each and 7,215 Compulsorily Convertible Preference Shares of Rs. 10/- each in Sproutlife Foods Private Limited for an aggregate consideration of Rs. 175 crores.
Consumer goods firms’ appetite for buyouts soared after the pandemic outbreak as consumers purchased more packaged goods.
Mumbai: A global exemplar in sustainability, ITC, is the only company in the world of comparable dimensions to be water, carbon and solid waste recycling positive for 20, 17 and 15 years respectively. ITC has embraced an even more bold and ambitious Sustainability 2.0 (S2) vision anchored on the inclusive and innovative business models that the company has implemented on a
A bunch of suitors, including a few homegrown consumer good majors and global food products makers, are in the race to pick up a controlling stake in the parent of Ching's Secret and Smith & Jones brands, two people aware of the development told VCCircle. Capital Foods Pvt. Ltd, which is ......
The Andhra Pradesh High Court has held that Commissioner of Food Safety, Andhra Pradesh is neither authorized nor having any jurisdiction to issue the notification, prohibiting the manufacture and...