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The Economic Times

Economy / The Economic Times

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Yoga Bar maker Sproutlife Foods to merge with ITC; board approves scheme

ITC Ltd has received board approval for a scheme to merge Sproutlife Foods into its operations. This move is designed to streamline business processes and enhance value creation for ITC. Sproutlife, focusing on health-centric food products, achieved a turnover of Rs 451.71 crore in FY26. ITC clarified that no new shares will be issued in this merger, set to be effective from April 1, 2026.

2 Nov 2026 8:24 pm