Investment Details
On July 3, 2026, EPL Limited invested a further amount of 4,95,00,000 Thai Baht (equivalent to ₹144.54 million) in EPL Packaging (Thailand) Co. Ltd. ("EPTL"). The investment is subject to applicable charges and foreign exchange rates.
Share Subscription
- The investment is for subscription of 485,100 shares of EPTL (or such number of shares as may be issued based on applicable foreign exchange rates)
- Each share has a face value of 100 Thai Baht
- Lamitube Technologies Ltd. (wholly-owned subsidiary of EPL) also invested for subscription of 4,900 shares of EPTL
Ownership Structure
Post-investment:
- EPL Limited holds 99% of EPTL shares
- Lamitube Technologies Ltd. holds 1% of EPTL shares
- EPTL continues to be a wholly-owned subsidiary of EPL Limited
Target Company Details
EPL Packaging (Thailand) Co. Ltd. (EPTL):
- Date of incorporation: February 4, 2025
- Registered Capital: 15,90,000 shares of 100 Thai Baht each (15.9M Thai Baht)
- Paid-up Share Capital: 15,90,000 shares of 100 Thai Baht each
- Turnover as of March 31, 2026: 16,159,093.60 Thai Baht
- Business: Manufacturing and trading of laminated tubes in Thailand
- Country of presence: Thailand
Transaction Characteristics
- Classified as related party transaction (since EPTL is wholly-owned subsidiary)
- Conducted at arm's length basis
- No governmental or regulatory approvals required
- No interest from promoter/promoter group/group companies beyond existing shareholding
Timeline
Formalities with respect to this investment are expected to be completed by August 14, 2026.