ITC Acquires Remaining Stake in Sproutlife Foods, Gains Full Ownership
ITC Ltd has acquired the remaining 52.5% stake in Sproutlife Foods Private Ltd for approximately Rs 645 crore, making it a wholly owned subsidiary. The acquisition, completed on September 28 through a secondary cash purchase, increased ITC's shareholding from 47.5% to 100%. Sproutlife Foods, known for the 'Yoga Bar' brand, reported a turnover of Rs 452 crore in 2025-26. ITC stated the move aligns with its strategy to expand its foods portfolio, with no regulatory approvals required.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (55/100). Lens Score 36/100.
Outlets measured: moneycontrol, news18. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (55–55/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
news18 broke this story on 28 Sept, 05:02 pm. Other outlets followed.
- 1