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ITC To Increase Stake To 100% In Mother Sparsh 

  • FMCG major ITC is set to acquire an additional 73.5% stake in Mother Sparsh Baby Care.
  • ITC will purchase the remaining stake for INR 81 Cr, making Mother Sparsh its wholly-owned subsidiary.
  • Mother Sparsh is an ayurvedic and natural baby care brand with an annual revenue run rate of over INR 110 Cr.
  • ITC's strategy is to build a portfolio of consumer-centric, purpose-led brands in high-growth and digital-first segments.

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