ITC completes acquisition of Century Pulp and Paper from Aditya Birla Real Estate

ITC Limited told the exchanges it has completed the acquisition of the pulp and paper business of Aditya Birla Real Estate Limited, operated under the name **Century Pulp and Paper**. The transaction was structured as a slump sale on a going-concern basis, covering the assets, liabilities, contracts and employees of the business, and was carried out under a Business Transfer Agreement dated 31st March, 2025.

This closing had been flagged to the market in stages. ITC referenced its earlier letters dated 31st March, 2025 and 17th December, 2025, indicating the acquisition was disclosed before completion. The 1st August, 2026 letter records that the transfer has now taken effect.

This is a completion notice, not a terms disclosure. The letter does not state the consideration paid, the revenue or capacity of the acquired business, or how it will sit within ITC's segment structure. ITC operates a Paperboards & Packaging business alongside its FMCG, Agri-Business and Information Technology segments, within which a pulp and paper undertaking falls.