ITC Receives Regulatory Approval for Century Pulp & Paper Acquisition.

ITC Limited has received regulatory approval from the Competition Commission of India (CCI) for its proposed acquisition of the pulp and paper business of Aditya Birla Real Estate Limited, operating as Century Pulp & Paper. The approval, communicated in a letter dated December 16, 2025, was disclosed by the company to stock exchanges today.

The deal involves acquiring the entire pulp and paper undertaking as a going concern on a slump sale basis. ITC had first announced the acquisition in March 2025, and the CCI clearance represents a key regulatory milestone toward completing the transaction.

The acquisition will strengthen ITC’s footprint in the paperboards and packaging segment, a core business alongside its FMCG, agri-business, and information technology divisions. Century Pulp & Paper, part of the Aditya Birla Group, operates in the pulp and paper manufacturing sector.