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EPL Limited Invests in Subsidiary EPL Brasil Ltda.

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EPL Limited Invests in Subsidiary EPL Brasil Ltda.

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An update from EPL Limited ( (IN:EPL) ) is now available.

EPL Limited has announced an investment of Rs. 150 crores in its wholly-owned subsidiary, EPL Brasil Ltda., to acquire additional shares. This investment is expected to positively impact EPL Brasil’s financial outlook and is conducted as a related party transaction at arm’s length, in compliance with relevant laws in India and Brazil.

More about EPL Limited

EPL Limited operates in the manufacturing and trading industry, focusing on packaging products such as laminated tubes, laminates, and plastic tubes.

Average Trading Volume: 41,988

Technical Sentiment Signal: Buy

Current Market Cap: 72.08B INR

Learn more about EPL stock on TipRanks’ Stock Analysis page.

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