Entering into Agreements for acquisition of shares of Sresta Natural Bioproducts Private Limited and Mother…
As filed · ITC Limited has informed the Exchange about Entering into Agreements for acquisition of shares of Sresta Natural Bioproducts Private Limited and Mother Sparsh Baby Care Private Limited
What happened
FactITC Limited has informed the Exchange about Entering into Agreements for acquisition of shares of Sresta Natural Bioproducts Private Limited and Mother Sparsh Baby Care Private Limited. Share Purchase Agreements for acquisition of 100% of the share capital of Sresta Natural. Shareholders’ Agreement) for acquisition of 73.50% of the share capital (on a fully diluted.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnConsequently, the acquisition is expected to be EPS-accretive in the first year of operations, whilst driving overall profitability improvement with a targeted increase of 30% to 40% in EBITDA per ton over normalised levels after 2 full years of operation.
Strategy, execution and outcomes tracking well in line with internal plans
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- Renewable Energy 50% (management committed by FY36)
- Supporting Sustainable Livelihoods: 9 million against target of 10 million (by 2030) (management committed by FY31)
Evidence
- ITC Limited has informed the Exchange about Entering into Agreements for acquisition of shares of Sresta Natural Bioproducts Private Limited and Mother Sparsh Baby Care Private Limited(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · Q1 FY27
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%