ITC Ltd

📈 ITC Expands Food Portfolio with Majority Stake in Yoga Bar Maker Sproutlife

• ITC Limited acquired majority control of Sproutlife Foods Private Limited effective April 1, 2026

• ITC holds approximately 47.50% shareholding in Sproutlife on a fully diluted basis

• Sproutlife operates under the 'Yoga Bar' brand in the food products industry

• The company focuses on digital-first sales with growing offline presence

• Sproutlife was incorporated on February 13, 2015 and operates primarily in India

• The acquisition aligns with ITC's strategy to expand its portfolio in the foods segment