ITC to acquire 100% stake in FMCG staples brand for ₹472.5-crore

ITC will acquire a 100% stake in Sresta Natural Bioproducts Private Limited (SNBPL) for about ₹472.5 crore on a "cash-free debt-free basis". ITC's acquisition will "strengthen" its presence in the organic food market as SNBPL manufactures and sells organic packaged food products under its brand '24 Mantra Organic'. ITC expects the share acquisition to be completed in Q1 of FY2026.