ITC Limited has informed the Exchange about Acquisition of shares of Mother Sparsh Baby Care Private Limited.
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ITC Limited has completed the second tranche of acquisition of 1,681 equity shares in Mother Sparsh Baby Care Private Limited through secondary purchase for approximately ₹30 crores in cash. Following this acquisition, ITC's stake in Mother Sparsh has increased from 39.47% to 49.32% on a fully diluted basis. Mother Sparsh is a premium ayurvedic and natural personal care start-up focused on baby care, health & hygiene, incorporated in February 2016. The company reported turnover of ₹138.5 crores in FY2025-26, up from ₹80.9 crores in the previous year. ITC states this acquisition aligns with its strategy to build a future-ready portfolio serving evolving consumer needs.
The acquisition strengthens ITC's presence in the premium ayurvedic baby care segment, which is a fast-growing category. At 49.32% stake, ITC is just shy of majority control and may pursue further acquisitions to reach the 50% threshold, making Mother Sparsh a subsidiary.