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ITC to close Rs 3498 crore Century Pulp buy next week after lease transfer

Business
Published on 24 April 2026
ITC to close Rs 3498 crore Century Pulp buy next week after lease transfer

Leases move from Aditya Birla Real Estate to ITC

ITC is expected to conclude its Rs 3,498-crore acquisition of Century Pulp and Paper next week, according to sources. The deal completion hinges on transferring certain leases from Aditya Birla Real Estate, the entity holding Century Pulp and Paper, to ITC. Neither ITC nor the Aditya Birla Group responded to queries at the time of reporting.

  • ITC plans to wrap up a Rs 3,498-crore Century Pulp purchase next week
  • Deal depends on transferring leases held by Aditya Birla Real Estate
  • Century Pulp and Paper is currently housed under Aditya Birla Real Estate
  • Both sides did not respond to queries at press time
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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