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Essel Propack planning to raise funds worth Rs 30 crore

30 May 2018 Evaluate

Essel Propack is planning to raise funds through issue of Commercial Papers (CP) worth Rs 30 crore on private placement basis. The date of allotment is June 05, 2018, with a tenure of 60 days which has a maturity date of August 04, 2018. The coupon rate will be 7.58%.

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.

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