17 hours ago · Siddhant Wangdi, COO, Prasuma & Meatigo, said in a statement, “Frozen food is undeniably the category of the future. With Prasuma’s strength in manufacturing and innovation combined with ITC’s expertise in distribution and building new-age brands, we are excited about the potential of this partnership.

1 day ago · ITC's equity stake in Prasuma will subsequently increase to 62.5 per cent by April 2027 through an additional Rs 56 crore investment based on a pre-agreed valuation. The final tranche will see ITC acquiring the remaining 37.5 per cent stake, along with a 100 per cent stake in MSPL, expected by June 2028, subject to valuation criteria and ...

1 day ago · Commenting on the acquisition, ITC Ltd wholetime director Hemant Malik said, "We are delighted to back Prasuma and look forward to jointly building an unparalleled, full stack frozen, chilled and ...

18 hours ago · ITC is acquiring Prasuma, a frozen and ready-to-cook food brand known for its momos and deli meats. The move strengthens ITC’s presence in India's growing frozen food market.

17 hours ago · 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 ...

23 hours ago · ITC has signed definitive agreements for the acquisition of Prasuma, a leading player in the frozen, chilled, and ready-to-cook foods space in India.Prasuma is one of India’s fastest-growing, innovation-led, frozen food brands. This family business has been scaled up by Lisa Suwal and Siddhant Wangdi, a wife and husband duo who have built a unique portfolio of products – with the vision to ...

11 hours ago · New Delhi: Conglomerate ITC announced the acquisition of ‘Prasuma’ and ‘Meatigo’ brands, expanding its presence in frozen, chilled, and ready-to-cook foods. ITC has signed definitive ...

22 hours ago · ITC, one of India’s largest consumer goods companies, on February 6, announced that it has signed definitive agreements to acquire 100% stake in Prasuma over a three-year period, the company ...

1 day ago · ITC will acquire a 100% stake in Prasuma over a period of three years. The first tranche of a 43.8% stake will be acquired for ₹ 131 crore. The company will then raise its stake to 62.5% by April 2027 through secondary purchases for approximately ₹ 56 crore, based on a pre-agreed pre-money valuation. The balance stake will be acquired by June 2028.

23 hours ago · ITC has signed definitive agreements for the acquisition of Prasuma, a leading player in the frozen, chilled, and ready-to-cook foods space in India. Prasuma is one of India's fastest-growing, innovation-led, frozen food brands.