EPL has received approval to incorporate wholly-owned subsidiary of the Company in Brazil. The objective of the formation of a subsidiary in Brazil is to set up a greenfield project for the packaging tube business, which will help to leverage the growth opportunities in the attractive, fast-growing market and will also help the Company to become more agile and customer focused. The Board of the Company in their meeting held on March 29, 2022 has approved the same.
EPL (Formerly Known as Essel Propack) operates as a specialty packaging company. The company offers products such as laminated tubes, plastic tubes, and caps and closures.
