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19-Apr2018

Essel Propack redeems NCDs worth Rs 40 crore

Essel Propack has exercised call option to redeem the entire outstanding of 'Series B' Non-Convertible Debenture (NCDs) worth Rs 40 crore. Earlier, the company had issued 'Series B' NCDs worth Rs 40 crore i.e. 400 units of Rs 10,00,000 each on a private placement basic.

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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