HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
ITC signs agreements to acquire balance 73.5% stake in Mother Sparsh Baby Care
Apr-21-2025

ITC has signed definitive agreements to acquire the balance 73.5% stake in Mother Sparsh Baby Care (Mother Sparsh), an associate company, operating in the premium ayurvedic and natural baby care space. Reinforcing ITC’s commitment to build a portfolio of winning brands that addresses the needs of Indian consumers including those seeking specialized solutions, Mother Sparsh will augment the innovative range of the company’s Personal Care Products Business. 

The acquisition is expected to unlock future growth opportunities by filling in whitespaces in the personal care products portfolio and will be scaled up further, leveraging the institutional strengths of ITC. ITC had first invested in Mother Sparsh in 2021 with the aspiration of having a significant play in the natural and ayurvedic segment as well as in the Digital online space. With follow on rounds of investment, ITC currently holds 26.5% stake in Mother Sparsh. The balance 73.5% stake in Mother Sparsh will be acquired by ITC over a period of 2-3 years.

Total investment of approximately Rs 81 crore, in two tranches, to be made through a combination of primary subscription and secondary share purchase by Q1 of FY 2026-27 or such later date as may be mutually agreed upon by the Parties. Post the above, the company’s total investment in Mother Sparsh will stand at approximately Rs 126 crore and the total stake will increase from 26.5% at present to up to 49.3% on a fully diluted basis. 

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agribusiness, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.


  RELATED NEWS >>