ITC Limited is looking to expand its FMCG business in categories having low household penetration to achieve long-term growth. It sees significant potential for expansion in the FMCG space, and its recent investments aim to build strong growth platforms. The company is exploring value accretive acquisition, joint venture, and collaboration opportunities to accelerate growth and value creation.
ITC Limited is looking to expand its FMCG business in categories having low household penetration to achieve long-term growth. It sees significant potential for expansion in the FMCG space, and its recent investments aim to build strong growth platforms. The company is exploring value accretive acquisition, joint venture, and collaboration opportunities to accelerate growth and value creation.
Small-cap funds are equity-oriented mutual funds mandated to invest at least 65% of their assets in equity and equity-related instruments of small-cap companies
ITC Limited announced that the company is incorporating ITC Fibre Innovations Limited, a new wholly owned subsidiary, on 3rd March, 2023, via an exchange filing.
The initial subscribed share capital of the said company would be ₹1 lakh.