Aditya Birla Real Estate Limited — Important, 31-03-2025: Sale or disposal

Aditya Birla Real Estate Limited has announced a board meeting on March 31, 2025, where it approved a business transfer agreement to divest its Pulp and Paper undertaking to ITC Limited for a cash consideration of ₹3,498 crore. This strategic move aims to streamline operations and sharpen the company's focus on its core business—real estate—potentially unlocking greater shareholder value. The transaction is contingent upon regulatory approvals and is expected to be completed within six months. This divestment reflects a positive outlook for investors, as it positions ABREL for growth in a competitive market.