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Aditya Birla Real Estate, on the sale of its pulp and paper undertaking to ITC.

AZB & Partners is advising Aditya Birla Real Estate, a listed company of the Aditya Birla Group, on the proposed sale of its pulp and paper undertaking to ITC for INR 3,498 crores, subject to certain adjustments.

Our deal team comprised our Senior Partner Vaidhyanadhan Iyer, Partner Jeet Chaudhuri and Senior Associate Shivani Shenoy, with support from Associate Tarini Mehtani. They were supported by our Partner Ruchit Parikh and Senior Associate Jay Shah on the real estate aspects; our Partner Bharat V Budholia, Senior Associate Varun Thakur and Associate Anmol Awasthi on the competition law aspects; Partner Nandan Pendsey, Esq. on the IP aspects; Partner Ajay Singh Solanki on employment law aspects, and Partner Shruti K.P. on tax aspects.

Special thanks to our Co-Founder & Managing Partner Zia Mody for her inputs and guidance.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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