MoneyWorks4Me

Essel Propack raises Rs 50 crore on private placement basis

21 Dec 2017 Evaluate

Essel Propack has allotted Unsecured Rated Redeemable Non Convertible Debentures (NCDs) on a private placement basis aggregating to Rs 50 crore on December 21, 2017. The said NCDs will be listed on the WDM segment of BSE. The date of allotment is December 21, 2017 with tenure of 36 months.

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.


Peers
Company Name CMP
Uflex 644.20
EPL 236.80
AGI Greenpac 790.75
Huhtamaki India 230.90
TCPL Packaging 4030.00
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