Real Estate
Aditya Birla Real Estate Board to Consider Fund Raising on 23 July 2025
Aditya Birla Real Estate’s board is scheduled to meet on 23 July 2025 to discuss raising funds through various debt securities. The funds will be used to refinance existing debt and release encumbrances on CPP’s assets, aligning with the proposed sale of the CPP division to ITC.
real estate news
Aditya Birla Real Estate to Consider Fund Raising on 23 July 2025
Aditya Birla Real Estate's board is set to meet on 23 July 2025 to consider raising funds through various debt securities. The funds will be used to refinance existing debt and support the proposed sale of the Century Pulp and Paper division to ITC.
Real Estate Mumbai
ITC Expands in Northern Market with Strategic Purchase of Century Pulp and Paper
ITC has made a strategic move by acquiring Aditya Birla Real Estate's Century Pulp and Paper, which is expected to bolster its presence in the northern market. Nomura has given a Buy rating to Aditya Birla Real Estate, citing the potential growth from this deal.
Real Estate
ITC Expands in the North with Acquisition of Century Pulp and Paper from Aditya Birla Real Estate
ITC's strategic acquisition of Century Pulp and Paper from Aditya Birla Real Estate is expected to bolster its presence in the northern market. Financial analysts at Nomura have given a Buy rating to Aditya Birla Real Estate, citing the positive implications of the deal.
Real Estate Mumbai
Aditya Birla Group Offloads Pulp & Paper Business to ITC for Rs 3,500 Crore
Aditya Birla Group has divested its pulp and paper business, Century Pulp and Paper (CPP), to ITC for a significant sum of Rs 3,500 crore. This strategic move is set to bolster ITC's position in the paper and packaging industry.
Real Estate
ITC Acquires Century Pulp and Paper from Aditya Birla for Rs 3498 Crore
Aditya Birla Group has sold its subsidiary, Century Pulp and Paper, to ITC for a significant sum of Rs 3498 crore. This strategic move will allow Aditya Birla to focus on its core business, real estate, while ITC aims to expand its presence in the paper and pulp industry.