Indian conglomerate ITC has agreed to acquire Prasuma to strengthen its presence in frozen, chilled and ready-to-cook foods. In a stock-exchange filing, ITC described those segments as "future ...

ITC has signed definitive agreements to acquire Prasuma, a ready-to-cook foods brand in India. Prasuma is a frozen food brand, expanded by Lisa Suwal and Siddhant Wangdi. Advertisment Advanced ...

ITC has signed agreements to acquire Prasuma, a company in India's frozen, chilled, and ready-to-cook foods market. Prasuma specializes in products like momos, baos, Korean fried chicken ...

The deal size, worth approximately ₹187 crore over two tranches, will take ITC’s stake to 62.5% by 2027. That puts Prasuma’s valuation just shy of ₹300 crore, a little more than double its ...

KOLKATA: Diversified conglomerate ITC has signed definitive agreements for acquisition of Prasuma — one of the leading players in the frozen, chilled and ready to cook food space in India.

ITC is set to acquire a 43.81 per cent stake for ₹131 crore in Prasuma, a notable player in the ready-to-cook, chilled and frozen food space with a focus on oriental cuisine, as it deepens its ...

Meanwhile, the paper segment saw its margins hit a new low. According to them, the Prasuma acquisition is expected to strengthen ITC’s food business. ITC, one of India’s leading consumer goods ...

India’s spices and ready-to-eat market For ITC, which recently acquired FMCG brands Prasuma, an acquisition would be in line with its strategy to grow faster in newer geographies, the people said.