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ITC plans to merge three subsidiaries with itself, board meeting in a week

Indiaretailing Bureau -
Diversified business entity ITC on Friday said it is considering merger of its three wholly-owned subsidiaries - Sunrise Foods, Hobbits International Foods and Sunrise Sheetgrah - with itself. A board meeting of the company has been convened for this...
Food

ITC acquires Sunrise Foods for Rs 2,150 crore

Indiaretailing Bureau -
Diversified business entity ITC Ltd on Monday announced acquisition of spices manufacturer Sunrise Foods Private Ltd (SFPL) in an all-cash deal valued at Rs 2,150 crore. According to the company, it has acquired shares of SFPL at an "upfront consideration...
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