ITC Share Price in Focus; Acquires Remaining 52.5% in Yoga Bar Maker Sproutlife

ITC Limited has acquired the remaining 52.5% stake in Sproutlife Foods Private Limited for around ₹645 crore, as per an exchange filing.  

The transaction was completed on September 28, 2026, through the purchase of 13,445 equity shares of ₹10 each from existing shareholders. ITC’s holding has increased from about 47.5% to 100%.  

Sproutlife Becomes Wholly Owned Subsidiary 

With the completion of the transaction, Sproutlife has become a wholly owned subsidiary of ITC from September 28, 2026. The acquisition was made through a cash transaction.  

ITC said no government or regulatory approvals were required for completing the purchase.  

Company Behind Yoga Bar 

Sproutlife manufactures and sells food products under the Yoga Bar trademark. It operates in the new and innovative food products segment and was incorporated on February 13, 2015. The company operates in India.  

Yoga Bar has a high share of online sales through direct-to-consumer channels and e-commerce platforms. Its products are also sold through offline stores, where the company has been expanding its presence.  

Sproutlife’s Turnover Increased to ₹452 Crore 

Sproutlife’s audited turnover has risen over the past three financial years. Revenue stood at ₹108 crore in 2023-24 and increased to ₹200 crore in 2024-25. In 2025-26, turnover reached ₹452 crore, more than twice the previous year’s figure.  

ITC’s Food Segment Strategy 

ITC said the acquisition is part of its strategy to add to its future-ready portfolio in the foods segment. The company also disclosed that the transaction is not a related party transaction and that its group companies have no interest in the shares being acquired.  

Read More: Dr Lal PathLabs Share Price in Focus; To Acquire 70% Stake in SN Genelab for Up to ₹168 Crore! 

ITC Share Price Performance  

As of September 29, 2026, 10:50 am, ITC share price was trading at ₹264.15, a 0.40% decrease from the previous closing price. 

Conclusion 

The transaction gives ITC complete ownership of Sproutlife and the Yoga Bar business. The acquisition was completed for around ₹645 crore, with Sproutlife now operating as an ITC wholly owned subsidiary. 

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