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Aditya Birla group sells pulp, paper biz to ITC for ₹ 3,500 cr
The New Indian Express Vishakapatnam
|April 01, 2025
ADITYA BIRLA REAL ESTATE LTD (ABREL) will sell its pulp and paper business - Century Pulp and Paper (CPP) -- situated in Lalkuan, Uttarakhand by way of slump sale to ITC Limited for ₹3,498 core.
The company said in a statement the divestment of the pulp and paper undertaking is a value unlocking exercise for ABREL. "It will further enable the Company to pursue growth opportunities in its core business-real estate," it said. Speaking on the transaction, RK Dalmia, managing director, Aditya Birla Real Estate Ltd, said: "The divestment of the Pulp and Paper undertaking by AB
Diese Geschichte stammt aus der April 01, 2025-Ausgabe von The New Indian Express Vishakapatnam.
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