ITC Approved to Acquire Birla's Century Pulp Paper Biz

ITC, a big company, has been given permission to buy the paper and pulp business from another company called Aditya Birla Real Estate.

This business is in Lalkuan, Uttarakhand, and makes a lot of paper every year.

ITC will pay a huge amount of money, Rs 3,498 crore, to buy this business.

The government's competition watchdog, CCI, has said it's okay for ITC to buy this business.

This means ITC will now have a bigger role in making paper in India.

The paper business makes different kinds of paper, like writing paper and tissue paper.

The business made Rs 821.37 crore in the second quarter of the financial year 2026.