ITC Limited receives CCI approval for acquisition of Century Pulp & Paper
ITC Limited has received approval from the Competition Commission of India (CCI) for the proposed acquisition of the pulp and paper business of Aditya Birla Real Estate Limited, operated under the nam...
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Why is ITC Limited in the news today?
ITC Limited (ITC) is in the news due to the cci approval for the acquisition is a positive development for itc limited, as it progresses a significant business expansion strategy.
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ITC Limited receives CCI approval for acquisition of Century Pulp & Paper
December 17, 2025, 04:50 AM
ITC Limited has received approval from the Competition Commission of India (CCI) for the proposed acquisition of the pulp and paper business of Aditya Birla Real Estate Limited, operated under the name ‘Century Pulp & Paper’. The approval was conveyed via a letter from the CCI dated 16th December 2025.
This acquisition is being undertaken by ITC Limited as a going concern on a slump sale basis. This update follows a previous communication regarding the same matter on 31st March 2025. The company has informed the stock exchanges, National Stock Exchange of India and BSE Ltd., about this development as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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