ITC Completes Sproutlife Foods Acquisition For ₹645 Crore, Now Owns 100%
Mumbai: ITC Limited on Thursday announced it has completed the acquisition of Sproutlife Foods Private Limited , the company behind the ‘Yoga Bar’ brand, for approximately ₹645 crore. This transaction increases ITC's stake in Sproutlife to 100 per cent. Equity Share Acquisition The company acquired an additional 13,445 equity shares of ₹10 each through a secondary purchase. The confirmation of…
Mumbai: ITC Limited finalized the acquisition of Sproutlife Foods Private Limited, the creator of the 'Yoga Bar' brand, for roughly ₹645 crore on Thursday. This purchase boosts ITC's stake in Sproutlife to 100%.
The company obtained an extra 13,445 equity shares at ₹10 per share via a secondary purchase. ITC was notified of the acquisition confirmation at 8:05 p.m. on September 28, 2026.
After the acquisition, Sproutlife Foods Private Limited has become a wholly owned subsidiary of ITC Limited, effective as of September 28, 2026.
ITC said the acquisition is in line with its strategy to expand its forward-thinking portfolio in the foods sector. Sproutlife Foods specializes in producing and selling food products under the 'Yoga Bar' brand. The company, established on February 13, 2015, focuses on the rapidly evolving food products industry. Sproutlife Foods maintains a significant online presence, including direct-to-consumer and e-commerce channels, and is expanding its footprint in physical stores.
Sproutlife's revenue for the fiscal year 2025-26 reached ₹452 crore. The company reported revenues of ₹200 crore in 2024-25 and ₹108 crore in 2023-24.
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