Transaction Details
- Transaction Type: Slump sale of the Pulp and Paper undertaking operated under the name 'Century Pulp and Paper'
- Completion Date: August 1, 2026
- Counterparty: ITC Limited
- Assets Transferred: The undertaking was transferred along with assets, liabilities, contracts, and employees as a going concern
Historical Context and Approvals
- Business Transfer Agreement Date: March 31, 2025
- Shareholder Approval Date: July 30, 2025
- Previous Intimations: The company had made earlier intimations dated March 31, 2025 and December 17, 2025 regarding this transaction
Purpose and Impact
The disclosure serves to inform investors and exchanges about the completion of this material corporate action. The financial impact of the transaction is not quantified in this disclosure.
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