ITC Ltd — Capital/Financing Update 2026

Apr 1, 2026

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1[st] April, 2026

The Manager Listing Department National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C-1, G Block Bandra-Kurla Complex, Bandra (East) Mumbai 400 051

The General Manager Dept. of Corporate Services BSE Ltd. P. J. Towers, Dalal Street Mumbai 400 001

Dear Sirs,

Sproutlife Foods Private Limited

This has reference to our earlier communications with respect to acquisition of the shares of Sproutlife Foods Private Limited (‘Sproutlife’) by the Company.

We now write to advise that the Company with effect from today i.e., 1[st] April, 2026 has acquired the right to nominate majority of the Directors on the Board of Sproutlife. Consequently, Sproutlife has become a subsidiary of the Company with effect from 1[st] April, 2026, in terms of Section 2(87)(i) of the Companies Act, 2013.

Enclosed please find the relevant disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular dated 30[th] January, 2026.

Yours faithfully, ITC Limited RAJENDRA Digitally signed by RAJENDRA KUMAR KUMAR SINGHI Date: 2026.04.01 SINGHI 11:58:36 +05'30'

(R. K. Singhi) Executive Vice President & Company Secretary

Encl. as above.

FMCG ⚫ PAPERBOARDS & PACKAGING ⚫ AGRI-BUSINESS ⚫ INFORMATION TECHNOLOGY

Visit us at www.itcportal.com ⚫ Corporate Identity Number : L16005WB1910PLC001985 ⚫ e-mail : enduringvalue@itc.in

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cc: Securities Exchange Commission Division of Corporate Finance Office of International Corporate Finance Mail Stop 3-9 450 Fifth Street Washington DC 20549 U.S.A. cc: Societe de la Bourse de Luxembourg 35A Boulevard Joseph II L-1840 Luxembourg

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Sl. No.	Particulars	Disclosures
1.	Name of the target entity	Sproutlife Foods Private Limited (‘Sproutlife’).
2.	Whether the acquisition would fall within related party transaction(s)? Whether the promoter / promoter group / group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at ‘arms length’	Not Applicable. The Company does not have any promoter / promoter group. The group companies do not have any interest in Sproutlife.
3.	Industry to which the entity being acquired belongs	New and innovative food products.
4.	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	As advised earlier, the acquisition of Sproutlife is in line with the strategy to augment the Company’s future ready portfolio in foods segment.
5.	Brief details of any governmental or regulatory approvals required for the acquisition	None.
6.	Indicative time period for completion of the acquisition	Not Applicable.
7.	Consideration - whether cash consideration or share swap or any other form and details of the same	Not Applicable.
8.	Cost of acquisition and / or the price at which the shares are acquired	Not Applicable.
9.	Percentage of shareholding / control acquired and / or number of shares acquired	As advised earlier, the Company’s shareholding in Sproutlife is ~ 47.50% of its share capital (on a fully diluted basis). However, in terms of the Shareholders’ Agreement executed on 19th April, 2023, the Company with effect from 1stApril, 2026 has acquired the right to nominate majority of the Directors on the Board of Sproutlife.

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Sl. No.	Particulars		Disclosures	Disclosures	Disclosures
10.	Brief background about the entity acquired in terms of products / line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)		Sproutlife is engaged in the business of manufacturing and selling food products under the trademark ‘Yoga Bar’. Positioned as a digital first brand, Yoga Bar currently has high salience of on-line sales (D2C, e-commerce platforms etc.) with growing presence in offline stores. Other details are as follows: Products / line of business of the target entity Manufacture and sale of food products Date of incorporation 13thFebruary, 2015 Last 3 years’ turnover (based on audited accounts) 2024-25 200 crores<br>2023-24<br>108 crores 2022-23 `88 crores Country of operations India
			Products / line of business of the target entity	Manufacture and sale of food products
			Date of incorporation	13thFebruary, 2015
			Last 3 years’ turnover (based on audited accounts)	2024-25	`200 crores
				2023-24	`108 crores
				2022-23	`88 crores
			Country of operations	India