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 ...

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.

ITC plans to raise its stake in Prasuma to 62.5% by April 2027 and the rest of the stake will be acquitted by the conglomerate by June 2028 based on pre-defined valuation criteria and subject to ...

ITC has signed definitive agreements to acquire Prasuma, a company operating in the frozen, chilled, and ready-to-cook food segment in India. The move is expected to strengthen ITC’s position in ...

Moneycontrol could not independently verify the report. For ITC, which recently acquired FMCG brand Prasuma, the acquisition of MTR Foods and Eastern Condiments would strengthen its presence in ...

ITC Limited has acquired 100% stake in Meat and Spice Private ... and frozen foods under the brand names Prasuma and Meatigo. The acquisition is proposed to be completed over a period of 3 years, by ...

Prasuma specializes in products like momos, baos, Korean fried chicken, delicatessens, and raw meats, offering over 170 products. ITC plans to acquire 100 percent of Prasuma over three years.

As part of its efforts, ITC acquired Sunrise Foods, a spices manufacturer, in 2020, and more recently, in February 2025, announced the acquisition of Prasuma, a brand specialising in frozen and ...

Feb 13, 2025 22:21 ITC Acquires Prasuma & Meatigo: Expands Frozen Food Presence ITC expands its footprint in the frozen food segment with the acquisition of Prasuma and Meatigo, aiming to become a ...

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