ITC Limited announced that the Competition Commission of India approved the acquisition of the pulp and paper business of Aditya Birla Real Estate Limited, operated as ‘Century Pulp & Paper’. This acquisition, structured as a slump sale, will allow ITC to expand its footprint in the paper and packaging sector, enhancing its offerings and market presence. The approval was granted on December 16, 2025.
Acquisition Approval
ITC Limited is set to acquire the pulp and paper business of Aditya Birla Real Estate Limited, known as ‘Century Pulp & Paper’. The Competition Commission of India granted approval for this acquisition on December 16, 2025, paving the way for ITC to proceed with the transaction.
Details of the Transaction
The acquisition will be structured as a slump sale, meaning ITC will acquire the business as a going concern. This strategic move will enable ITC to integrate ‘Century Pulp & Paper’ into its existing operations.
Strategic Rationale
By acquiring ‘Century Pulp & Paper’, ITC Limited aims to strengthen its position in the paper and packaging industry. The integration of this business will allow ITC to offer a broader range of products and services to its customers.
Source: BSE