| ITC announced that the company with effect from today i.e., 1 April 2026 has acquired the right to nominate majority of the Directors on the Board of Sproutlife. Consequently, Sproutlife has become a subsidiary of the Company with effect from 1 April 2026. <p> The acquisition of Sproutlife is in line with the strategy to augment the Company's future ready portfolio in foods segment. <p> Sproutlife is engaged in the business of manufacturing and selling food products under the trademark ‘Yoga Bar'. Positioned as a digital first brand, Yoga Bar currently has high salience of on-line sales (D2C, e-commerce platforms etc.) with growing presence in offline stores. |