ITC’s Rs 3,498 Cr Century Pulp Deal Nears Completion

ITC is finalizing its Rs 3,498 crore acquisition of Century Pulp and Paper, pending lease transfers from Aditya Birla Real Estate.

sivam April 24, 2026

A wide shot inside a paper factory, showing large rolls of paper, stacks of finished boards, and a group of engineers discussing plans.

Engineers and workers oversee operations in a bustling paper and packaging factory.

ITC is set to conclude its significant Rs 3,498 crore acquisition of Century Pulp and Paper next week. The finalization of the deal hinges on the transfer of certain leases from Aditya Birla Real Estate, which currently manages the assets of Century Pulp and Paper, to ITC.

This acquisition marks a substantial move for ITC within the paper and packaging sector. While specific details regarding the lease transfers and the overall transaction were not immediately available, the impending conclusion suggests a strategic consolidation for ITC.

Both ITC and the Aditya Birla Group have not yet responded to queries regarding the transaction. The deal’s completion is anticipated to bring Century Pulp and Paper fully under ITC’s operational umbrella, potentially impacting market dynamics in the paper industry.