** Shares of Australia's Pure Foods Tasmania PFT.AX gain 25% to A$0.04, their highest level since October 9

** Food and beverage co acquires ice cream brand Elato for an initial payment of A$50,000 ($32,320.00) in PFT shares from founders Roz Kaldor-Aroni and Benni Aroni

** Deal to add more than A$600,000 in annualised sales

** Aroni Family Trust to invest A$200,000 in PFT via issue of 6.7 million shares

** Stock up 81% YTD, including day's moves

($1 = 1.5470 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))