JSA is advising Mother Sparsh Baby Care Private Limited (Mother Sparsh) in relation to its proposed acquisition by ITC Limited. ITC Limited is an existing shareholder of Mother Sparsh and currently holds 26.5% of its share capital. ITC Limited will now invest INR 81 crore to raise its stake in Mother Sparsh to 49.3%, with a target to undertake full acquisition of Mother Sparsh, in multiple tranches, over a time period of about 2-3 years. The 100% acquisition will be made through a combination of primary subscription and secondary share purchase. Mother Sparsh is a premium ayurvedic and natural personal care start-up, which is focused on baby personal care, health & hygiene and expert baby care.
Our transaction team comprised of Lead Partner, Sidharrth Shankar, Partner, Prakriti Jaiswal, Principal Associate, Anindita Basu and Senior Associate, Rishika Agarwal.
Prakriti specialises in mergers & cross border investments & acquisitions and private equity transactions. Her experience includes rendering advisory and structuring services on a variety of transactions including acquisitions of shares & business, private equity investments, joint ventures and corporate advisory.