Aditya Birla Real Estate Completes Sale of Pulp and Paper Business to ITC

Aditya Birla Real Estate Limited has announced the completion of the sale and transfer of its Pulp and Paper undertaking, operated under the name 'Century Pulp and Paper', to ITC Limited. This transaction, conducted on a slump sale basis, includes all associated assets, liabilities, contracts, and employees. The deal was finalized on August 1, 2026, following shareholder approval on July 30, 2025, and is in accordance with the Business Transfer Agreement dated March 31, 2025. This divestment marks a significant strategic move for Aditya Birla Real Estate.