Essel Propack is issuing Commercial Papers (CPs) for Rs 50 crore on private placement basis and will have date of maturity as March 13, 2019. The CPs for Rs 50 crore with date of maturity as December 13, 2018 will be redeemed as per the terms.
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.