On December 16, 2025, the Competition Commission of India (CCI) approved the acquisition of the paper and pulp manufacturing business (Target Business) of Aditya Birla Real Estate Limited by ITC Limited. This combination involves the sale of the Target Business to ITC Limited as a going concern, in accordance with the Business Transfer Agreement executed between the parties. ITC Limited's businesses include fast-moving consumer goods, paper, paperboards and packaging, agri-business, and information technology. Aditya Birla Real Estate Limited is part of the Aditya Birla group with diversified interests including real estate and pulp and paper manufacturing. The Target Business involves the manufacturing, distribution, and sale of paper and paperboard in India. The release ID is 2204818, and the visitor panel is 402. This release is available in Urdu and Hindi. A detailed order of the Commission will follow.
Key Entities Referenced
Competition Commission of India (CCI): The regulator that approved the acquisition
ITC Limited: The acquiring company
Aditya Birla Real Estate Limited: The company whose paper and pulp manufacturing business is being acquired
Competition Commission of India
CCI approves acquisition of paper and pulp
manufacturing business of Aditya Birla Real
Estate Limited by ITC Limited
प्रव तथ: 16 DEC 2025 7:13PM by PIB Delhi
The Competition Commission of India has approved the acquisition of paper and pulp manufacturing
business of Aditya Birla Real Estate Limited by ITC Limited.
The Proposed Combination refers to the sale of paper and pulp manufacturing business of Aditya Birla
Real Estate Limited (Target Business) to ITC Limited, as a going concern, in accordance with the
Business Transfer Agreement executed between the Parties.
ITC Limited is a listed company with a diversified shareholding and presence across multiple industries.
Its businesses encompass fast-moving consumer goods, paper, paperboards and packaging, agri-business,
and information technology among others.
Aditya Birla Real Estate Limited is a listed company and is part of the Aditya Birla group. It has
diversified interests, including real estate and pulp and paper manufacturing. The Target Business entails
the business of manufacturing, distribution and sale of paper and paperboard in India including, uncoated
writing and printing paper (such as, creamwove, Maplitho and copier), kraft paper, virgin multi-layer
board, tissue paper, cup stock, stiffener paper, etc.
Detailed order of the Commission will follow.
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NB/ONP
(रलीज़ आईडी: 2204818) आगंतुक पटल : 402
इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही