ITC Limited has officially announced the acquisition of 1,681 equity shares in Mother Sparsh Baby Care Private Limited. This transaction, executed as the second tranche of a secondary purchase, has increased ITC’s total shareholding in the entity to 49.32% on a fully diluted basis.

The acquisition was completed on May 19, 2026, for a total cost of ₹30 crores. This investment aligns with ITC’s broader strategic objective to develop a future-ready suite of products that cater to evolving consumer requirements. The target entity, Mother Sparsh, is a premium ayurvedic and natural personal care startup, which was incorporated in February 2016 and focuses on baby personal care, health, and hygiene products.

ITC Limited remains one of India’s foremost private sector companies, with a diverse business portfolio encompassing fast-moving consumer goods (FMCG), paperboards, packaging, agri-business, and information technology. During 2025, the company engaged in several strategic initiatives, including the acquisition of shares in Sresta Natural Bioproducts and the pulp and paper undertaking of Aditya Birla Real Estate Limited. ITC maintains a robust dividend payout history, and its shares are listed on both the BSE and the National Stock Exchange of India.

As of recent filings, ITC Limited does not have a designated promoter or promoter group, with shareholding distributed among foreign institutional investors (FIIs), domestic institutional investors (DIIs), and the public. While specific quarterly results for the parent company, ITC Limited, were not provided in the submitted notice, the company has consistently demonstrated strong cash generation capabilities and profit growth across its various segments throughout 2025.