Indian conglomerate ITC has agreed to acquire Prasuma to strengthen its presence in frozen, chilled and ready-to-cook foods. In a stock-exchange filing, ITC described those segments as "future ...

ITC, a diversified conglomerate with a strong presence in the FMCG sector, has signed definitive agreements to acquire 100% of Prasuma, a player in the frozen, chilled, and ready-to-cook foods market.

ITC has signed definitive agreements to acquire Prasuma, a ready-to-cook foods brand in India. Prasuma is a frozen food brand, expanded by Lisa Suwal and Siddhant Wangdi. Advertisment Advanced ...

FMCG giant ITC is acquiring ‘Prasuma’ and ‘Meatigo’ brands, expanding its presence in frozen, chilled, and ready-to-cook foods. ITC has signed definitive agreements for the acquisition of ...

ITC has signed agreements to acquire Prasuma, a company in India's frozen, chilled, and ready-to-cook foods market. Prasuma specializes in products like momos, baos, Korean fried chicken ...

The deal size, worth approximately ₹187 crore over two tranches, will take ITC’s stake to 62.5% by 2027. That puts Prasuma’s valuation just shy of ₹300 crore, a little more than double its ...

India’s largest cigarette company has been nurturing its non-cigarettes businesses for more than 25 years and diversified into these with an eye on the future and not because of any immediate duress.

KOLKATA: Diversified conglomerate ITC has signed definitive agreements for acquisition of Prasuma — one of the leading players in the frozen, chilled and ready to cook food space in India.

ITC is set to acquire a 43.81 per cent stake for ₹131 crore in Prasuma, a notable player in the ready-to-cook, chilled and frozen food space with a focus on oriental cuisine, as it deepens its ...

As per the definitive agreements, ITC will acquire complete ownership of Prasuma in three tranches over a period of three years. Credit: Rahbar stock/Shutterstock. Indian conglomerate ITC has ...