Essel Propack has raised funds through issue of Commercial Papers (CP) for Rs 20 crore on private placement basis. The date of issue of CP was August 25, 2016, with the tenure of 89 days. Meanwhile, the company has also redeemed CP worth Rs 15 crore as per the terms.
Essel Propack is the largest specialty packaging company in India. The company operates through 25 state-of-the-art facilities in 13 countries.