ITC Ltd Receives Approval for Acquisition of Century Pulp & Paper
Filing Summary
ITC Ltd has received approval from the Competition Commission of India for the acquisition of the pulp and paper business of Aditya Birla Real Estate Limited, operating under the name ‘Century Pulp & Paper’. The acquisition will be conducted as a going concern on a slump sale basis. This update follows ITC’s previous communication dated 31st March 2025. The transaction is part of ITC’s strategic business operations in the paperboards and packaging sector.
ITC Ltd has announced that the Competition Commission of India has approved its proposed acquisition of the pulp and paper business of Aditya Birla Real Estate Limited. This business operates under the name ‘Century Pulp & Paper’. The approval was communicated via a letter dated 16th December 2025.
The acquisition will be executed as a going concern on a slump sale basis. This update follows ITC’s earlier communication to the stock exchanges on 31st March 2025. The transaction is aligned with ITC’s strategic focus on expanding its operations in the paperboards and packaging sector.
Aditya Birla Real Estate Limited is part of the Aditya Birla Group, which is involved in various sectors including metals, cement, textiles, and financial services. The pulp and paper business under ‘Century Pulp & Paper’ is a segment of their diversified operations.
ITC Ltd is a diversified conglomerate with interests in fast-moving consumer goods, paperboards and packaging, agribusiness, and information technology. The company continues to focus on strengthening its presence in these sectors through strategic acquisitions and expansions.