ITC Limited has received regulatory clearance from the Competition Commission of India (CCI) for its proposed acquisition of the pulp and paper business of Aditya Birla Real Estate Limited, operated under the brand name Century Pulp & Paper. The approval was granted through a letter dated December 16, 2025, as disclosed by ITC in an exchange filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company informed that the acquisition will be executed as a going concern on a slump sale basis, in line with the terms previously communicated to the stock exchanges on March 31, 2025. With the receipt of CCI approval, one of the key regulatory conditions for the transaction has now been fulfilled.
In the exchange filings, the company shared, “The Competition Commission of India, vide letter dated 16th December, 2025, has approved the proposed acquisition of pulp and paper business of Aditya Birla Real Estate Limited (operated under the name of ‘Century Pulp & Paper’) by the Company as a going concern on a slump sale basis.”