News Announcement

ITC: Signing Of Transaction Documents For Acquisition Of 100% Shares Of Sproutlife Foods Private Limited

This is further to our letter dated 17th January 2023 on the subject in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. We write to advise that the Company has today executed the transaction documents including the Securities Subscription & Purchase Agreement and the Shareholders Agreement to acquire 100% of the share capital (on a fully diluted basis) of Sproutlife in one or more tranches over a time period of three to four years.

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