ITC Limited

Ghisallo bought 75,208,85 shares of ITC Limited for ₹193.55 Cr at ₹257.35 apiece in a block deal.

India's largest cigarette manufacturer, ITC operates across four major business segments including FMCG cigarettes, other consumer goods, paperboards and packaging, and agribusiness. Established in 1910, the company has built a diversified portfolio spanning tobacco products, food and personal care items, paper manufacturing, and agricultural inputs. Its vertically integrated approach across consumer, industrial, and agricultural sectors distinguishes it within India's business landscape.

Ghisallo Capital Management is a New York-based hedge fund investing in listed Indian equities.