Aditya Birla Real Estate Limited has received approval for the acquisition of the Pulp and Paper business operated under the name ‘Century Pulp and Paper’ by ITC Limited. The Competition Commission of India approved the proposed acquisition on December 16, 2025. The transaction will proceed on a slump sale basis. This update informs investors about this key business development.
Acquisition Approval
Aditya Birla Real Estate Limited confirms that the proposed acquisition of its Pulp and Paper business has been approved. The business, currently operating under the name ‘Century Pulp and Paper’, will be acquired by ITC Limited.
Transaction Details
The approval was granted by the Competition Commission of India on December 16, 2025. The acquisition will be executed as a slump sale. Further details regarding the financial aspects of the sale were not disclosed in the announcement.
Source: BSE
