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 ...

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 ...

ITC stepped into the food business in 2001 with ... and frozen meats and seafood with Meatigo and Prasuma. Its food portfolio, while strong in staples such as atta, biscuits and snacks, has ...

ITC Limited is looking at expanding its business footprint in the country's food market. If reports are to go by, the Kolkata-headquartered company could soon acquire MTR Foods and Eastern ...

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 ...

Shares of ITC are stuck in bear grip amid the ongoing market correction. The FMCG stock is trading below Rs 400 for the fourth consecutive session. ITC stock looks weak in terms of technicals too ...

Financial services major Wells Fargo on Monday sold diversified conglomerate ITC Ltd’s shares worth over Rs 106 crore through an open market transaction. US-based Wells Fargo, through its ...

Adani Wilmar has acquired GD Foods Manufacturing, expanding its food portfolio with the Tops brand. The acquisition will ...

British American Tobacco is planning to divest its holding in the newly spun-off entity ITC Hotels by 2026. (Image: ITC Hotels/website) UK-based British American Tobacco (BAT), the biggest ...