Acquisition of shares of Ample Foods Private Limited
As filed · ITC Limited has informed the Exchange about Acquisition of shares of Ample Foods Private Limited
What happened
FactITC Ltd. has acquired 2,62,500 equity shares of Ample Foods Private Limited for an aggregate consideration of approximately ₹131 crores. Following this acquisition, ITC's shareholding in Ample Foods has increased to 43.75% of its share capital.
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.
Scale
- 0.2% of FY26 revenue
₹131 Cr stated in the filing against ₹81,640.11 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
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 Acquisition of shares of Ample Foods 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%