ITC to acquire organic FMCG staples brand 24 Mantra Organic for ₹472.5 crore
Diversified group ITC Limited on Thursday (April 17) said it has signed a definitive agreement to acquire 100% of the share capital of Sresta Natural Bioproducts Private Limited (SNBPL), the company behind the ‘24 Mantra Organic’ brand, for a consideration of up to ₹472.5 crore. The acquisition marks a significant move by ITC to expand…