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ITC buys remaining Sproutlife stake for ₹645 crore

2026-09-30 · 1 source · Mint Companies

In short

ITC bought the rest of Sproutlife Foods, paying ₹645 crore for a 52.5% stake.

That lifts ITC’s total investment in the business to about ₹900 crore. The deal fits ITC’s consumer goods push, but the report does not say what changes will happen next.

What the reporting says

ITC acquired the remaining 52.5% stake in Sproutlife Foods for ₹645 crore, taking its total investment to about ₹900 crore, according to a publisher-supplied summary. The move is tied to ITC’s FMCG strategy and comes as Sproutlife’s revenue reached ₹452 crore in FY26. The immediate consequence is fuller control for ITC, but the reporting does not say whether integration plans or synergies have been disclosed.

Why it matters

ITC acquired the remaining 52.5% of Sproutlife Foods for ₹645 crore, bringing its total investment to around ₹900 crore. The summary says the deal supports ITC’s FMCG portfolio and notes Sproutlife’s FY26 revenue of ₹452 crore. The main effect is greater ownership for ITC, while the exact integration timeline or financial impact is not stated.

Touches: ITC, Sproutlife Foods, Yoga Bar, Companies

Sources