<h1>ITC Ltd to Acquire Full Stake in Prasuma, Expanding in Frozen Foods Market Over the Next Three Years</h1> ITC Ltd has agreed to acquire a 100% stake in Prasuma, a prominent brand in the frozen, chilled, and ready-to-cook foods sector, aiming to expand its presence in the Rs 10,000 crore market. The acquisition will occur in multiple phases over three years, starting with a 43.8% stake in Ample Foods Private Limited, Prasuma's owner. ITC plans to increase its stake to 62.5% by April 2027 and eventually acquire the remaining shares by June 2028. Prasuma, known for its premium frozen foods, will benefit from ITC's distribution and brand-building expertise to enhance growth.