ITC signed a Business Transfer Agreement with Aditya Birla Real Estate (ABREL)

has signed a Business Transfer Agreement with Aditya Birla Real Estate (ABREL) to acquire ABREL’s pulp and paper business, known as Century Pulp and Paper. This includes all associated assets, liabilities, contracts, and employees as a going concern through a slump sale for ₹3,500 crore. The acquisition is subject to approval from the Competition Commission of India and the Ministry of Environment.