Packaging
Deals29 March 2026 at 12:31 pm

EPL Ltd. Announces Scheme of Amalgamation with Indovida India Private Limited

AI Summary

EPL Ltd. has announced a scheme of amalgamation with Indovida India Private Limited. The amalgamation will be on a going concern basis and is subject to necessary statutory and regulatory approvals. The merger is expected to bring synergies and enhance the company's operations. The shareholders of Indovida India will receive equity shares of EPL Ltd. in accordance with the share exchange ratio stipulated in the Scheme.

Key Highlights

  • EPL Ltd. to merge with Indovida India Private Limited
  • Merger to be on a going concern basis
  • Subject to necessary statutory and regulatory approvals
  • Shareholders of Indovida India to receive equity shares of EPL Ltd.
  • Expected to bring synergies and enhance operations