Acquisition History / ITC Limited / Sresta Natural Bioproducts Private Limited (24 Mantra Organic)
ITC Limited Acquires Sresta Natural Bioproducts Private Limited (24 Mantra Organic)
Announced June 16, 2025 — $45.2M
What happened
ITC acquired 100% of Sresta Natural Bioproducts, owner of the 24 Mantra Organic brand and a pioneer in India's organic packaged staples segment, making it a wholly owned subsidiary. The business sources from roughly 27,500 farmers across ~1.4 lakh acres of certified organic farmland.
- Acquirer
- ITC Limited
- Target
- Sresta Natural Bioproducts Private Limited (24 Mantra Organic)
- Announced
- June 16, 2025
- Price
- $45.2M
- Industry
- Organic packaged foods
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did ITC Limited acquire Sresta Natural Bioproducts Private Limited (24 Mantra Organic)?
ITC Limited acquired Sresta Natural Bioproducts Private Limited (24 Mantra Organic) on June 16, 2025. This was ITC Limited's 1st publicly tracked acquisition out of 1 we have on record.
How much did ITC Limited pay for Sresta Natural Bioproducts Private Limited (24 Mantra Organic)?
ITC Limited paid $45.2M for Sresta Natural Bioproducts Private Limited (24 Mantra Organic).
What does Sresta Natural Bioproducts Private Limited (24 Mantra Organic) do?
ITC acquired 100% of Sresta Natural Bioproducts, owner of the 24 Mantra Organic brand and a pioneer in India's organic packaged staples segment, making it a wholly owned subsidiary. The business sources from roughly 27,500 farmers across ~1.4 lakh acres of certified organic farmland.
What other Organic packaged foods companies has ITC Limited acquired?
Sresta Natural Bioproducts Private Limited (24 Mantra Organic) is ITC Limited's only publicly tracked acquisition in Organic packaged foods so far.