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<h1>Acquisition of majority stake strengthens buyer's position in natural baby care while retaining founder-led management during transition.</h1> ITC has executed definitive agreements to acquire the remaining majority equity interest in Mother Sparsh Baby Care Private Limited through a combination of primary subscription and secondary share purchase, to be completed over a 2-3 year period, with the target's founder-led management and operating team retained during the transition and the investment integrated into the buyer's strategic, digital-first consumer portfolio.