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.