Essel Propack is planning to consider and approve the allotment of Unsecured Rated Redeemable Non Convertible Debentures (NCDs) for Rs 50 crore, being issued by way of private placement pursuant to the approval of the board of directors and members of the company. The NCDs are proposed to be listed with BSE. The Committee of Directors of the company is scheduled to meet on December 21, 2017 to consider and approve the same.
Essel Propack is a producer of plastic packaging material in the form of multilayer collapsible tubes and laminates used primarily for packaging of toothpaste, personal care, cosmetics, pharmaceuticals, household and industrial products.
