Aditya Birla Real Estate Completes Sale of Century Pulp and Paper Undertaking to ITC Limited
Aditya Birla Real Estate Limited has successfully completed the sale and transfer of its Pulp and Paper undertaking, operated under the name 'Century Pulp and Paper', to ITC Limited. The transaction was finalized on August 1, 2026.The sale involved the entire undertaking, encompassing assets, liabilities, contracts, and employees, as a going concern on a slump sale basis. This acquisition follows the terms specified in the Business Transfer Agreement dated March 31, 2025, signed between Aditya Birla Real Estate Limited and ITC Limited.
Aditya Birla Real Estate Limited finalized the transaction with ITC Limited, marking the completion of the transfer of its Century Pulp and Paper operations.
ABREL Stock Price Movement
Closing higher after a positive session on Friday, shares of Aditya Birla Real Estate Limited gained 2.92%, settling at ₹1418.10. The equity saw robust movement during trading hours, charting within an intraday range between a low of ₹1372.1 and a high of ₹1471.2.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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