ITC Acquires Sresta Natural Bioproducts for ₹472.5 Crore

ITC Limited has announced the acquisition of Sresta Natural Bioproducts, the company behind the '24 Mantra Organic' brand, for up to INR 472.5 crore, with the deal expected to close in the first quarter of FY 2025-26 or later. This acquisition provides ITC with a substantial foothold in both Indian and international organic food markets, leveraging Sresta's network of over 1.4 lakh acres of certified organic farmland and a portfolio of more than 100 products. The move is aligned with ITC’s strategy to expand its presence in health-conscious and wellness-focused segments, responding to growing consumer demand for organic and sustainable products. Sresta’s strong US presence and dedicated distribution network will help ITC tap into overseas markets, particularly among the Indian diaspora. ITC also plans to increase its stake in Mother Sparsh Baby Care, further diversifying its FMCG portfolio. These strategic investments reflect ITC's commitment to building a future-ready, nutrition-led, and sustainability-focused product lineup.