EPL Ltd Issued Rs 60 Crore Commercial Papers on Jan 22, 2026

On January 22, 2026, EPL Limited successfully issued and allotted 1,200 units of Commercial Papers, raising an aggregate amount of Rs. 60 Crore in accordance with SEBI Listing Obligations and Disclosure Requirements. These short-term debt instruments, identified by ISIN INE255A14726, were issued at a face value of Rs. 5,00,000 per unit with a discount rate of 6.977% per annum and an effective yield rate of 7.10% per annum. Set to mature on April 22, 2026, the securities are currently in the process of being listed on the National Stock Exchange of India Limited, providing the company with a strategic avenue for short-term financing.

EPL Limited, formerly known as Essel Propack Limited, stands as the world's premier specialty packaging firm, specialising in the production of high-quality laminated plastic tubes for the oral care, beauty, pharmaceutical, and food sectors. In August 2019, the company underwent a significant ownership transition when it was acquired from the Essel Group by The Blackstone Group, a global investment powerhouse managing approximately USD 511 billion in assets. This acquisition integrates EPL into Blackstone's extensive international packaging portfolio, which includes industry leaders such as Graham Packaging, Owens-Illinois Inc., and ShyaHsin, leveraging Blackstone's vast expertise across private equity and credit businesses to strengthen EPL's market leadership.

The company has a market cap of Rs 6,500 crore and has been maintaining a healthy dividend payout of 57.1 per cent. The shares have a PE of 16x whereas the industry PE is 19x. The stock is down by 7.50 per cent in 1 year and rose 27 per cent in last 3 years.

Disclaimer: The article is for informational purposes only and not investment advice.