ITC To Increase Stake To 100% In Mother Sparsh 

ITC will be picking up the remaining stake for INR 81 Cr in a mix of primary and secondary share purchases. 

This brings ITC’s total investment in Mother Sparsh to around INR 126 Cr

Mother Sparsh team, including its founder and chief executive Himanshu Y Gandhi will continue to operate the business during this period

FMCG major ITC will be acquiring an additional 73.5% stake in Mother Sparsh Baby Care, making the D2C natural baby care brand its wholly-owned…