Acquisitions17 Dec 2025, 10:26 am
ITC Ltd Acquires Pulp and Paper Business of Aditya Birla Real Estate Limited
AI Summary
ITC Ltd has announced the acquisition of the pulp and paper business of Aditya Birla Real Estate Limited, operated under the name of ‘Century Pulp & Paper’. The acquisition has been approved by the Competition Commission of India as of 16th December, 2025. The acquisition is expected to further strengthen ITC's existing business.
Key Highlights
- ITC Ltd to acquire pulp and paper business of Aditya Birla Real Estate Limited
- Acquisition approved by the Competition Commission of India
- Business to operate under the name ‘Century Pulp & Paper’
- Acquisition expected to strengthen ITC's existing business