ITC Completes Acquisition of Century Pulp & Paper
ITC Limited has completed its INR 3,498 crore acquisition of Century Pulp & Paper (CPP) from Aditya Birla Real Estate Limited, after regulatory approvals and closing conditions. The Lalkuan, Uttarakhand mill adds 480,000 tonnes per year capacity and supports integrated paper and paperboard, lifting ITC’s total output by over 50% to about 1.5 million tonnes annually.