Aditya Birla sells Century Pulp and Paper to ITC for Rs 3,498 crore, focusing on real estate growth. The deal boosts ITC's paperboard and specialty paper business in India.

Aditya Birla Real Estate Ltd (ABREL) on Monday announced the sale of its pulp and paper business to ITC for Rs 3,498 crore as part of its strategy to focus on property business.

Birla Estates, a wholly owned subsidiary of ABREL, recently sold homes worth approximately Rs 3,000 crore through its luxury ...

ITC said the acquisition of Century Pulp and Paper is in line with its strategy to drive the next phase of growth in its ...

By divesting its paper business, Aditya Birla Real Estate sharpens its focus on real estate, unlocking value and easing debt.

Aditya Birla Real Estate sells pulp and paper business to ITC for Rs 3,498 crore, focusing on real estate growth.

ABREL said the divestment of the pulp and paper business will “further enable the company to pursue growth opportunities in its core business - real estate” ...

In a research note, Nomura has a Buy on Aditya Birla Real Estate with a target price of Rs 2700 per share. This implies an upside of xx%. With the latest transaction, Aditya Birla Real Estate’s ...

Aditya Birla Real Estate Ltd is selling its pulp and paper business, Century Pulp and Paper, to ITC for Rs 3,498 crore. This strategic move aims to focus on real estate opportunities. ITC plans to ...

The two-story house sits on more than 5.38 acres in Flat Rock, a historic village in the heavily-wooded region ...

The Board of Directors of Aditya Birla Real Estate at its meeting held on Monday, 31 March approved the execution of the business transfer agreement for divestment of the company's Pulp and Paper ...