NSEAcquisition4 Jul 2026 · 4 Jul 2026, 08:48 am
Acquisition
EPL Limited · EPL
✦ AI SummaryExpansion
EPL Limited has invested an additional 4.95 crore Thai Baht (Rs. 144.54 crore) in its wholly-owned subsidiary EPL Packaging (Thailand) Co. Ltd. (EPTL) to pursue growth opportunities in Thailand.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
EPL Limited has informed the Exchange about investment in EPL Packaging (Thailand) Co. Ltd.
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Sonia_Gupte_04072026084813_SEintimationInvstmtThailandSd.pdf
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July 4, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C/1, Block G,
Dalal Street, Mumbai - 400001 Bandra-Kurla Complex, Bandra (E), Mumbai - 400051
Scrip Code: 500135 Trading Symbol: EPL
Sub. : Investment in EPL Packaging (Thailand) Co. Ltd. by EPL Limited (“Company”)
Ref. : 1. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (as amended) (“SEBI LODR Regulations”)
2. ISIN: INE255A01020
Sir/ Madam,
This is in terms of the above referred provisions of the SEBI LODR Regulations, read with the Master
Circular dated January 30, 2026 issued by the Securities and Exchange Board of India, bearing ref. no.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 (“said SEBI Circular”) and in furtherance of the
intimation(s) dated December 19, 2024, May 1, 2025, May 6, 2025, June 4, 2025 and December 9,
2025 (“said intimations”), with respect to the matters concerning EPL Packaging (Thailand) Co. Ltd.
(“EPTL”), a wholly-owned subsidiary of the Company.
In that regard, we wish to inform you that the Company has on July 3, 2026, invested a further
amount of 4,95,00,000 Thai Baht (equivalent to Rs. 144.54 Million) in EPTL (subject to applicable
charges, if any and applicable foreign exchange rates), after obtaining necessary approvals in terms
of the provisions of applicable laws in India and Thailand.
The requisite details, in terms of the provisions of Regulation 30 read with Schedule III of the SEBI
LODR Regulations and the said SEBI Circular, are included in Annexure A enclosed herewith.
This is for your information and records.
Thanking you.
Yours faithfully,
For EPL Limited
Onkar Ghangurde
Head - Legal, Company Secretary & Compliance Officer
ICSI Membership No.: A30636
Encl.: As above
Page 1 of 3
Annexure A
Sr. Particulars Details
a) Name of the target entity, details in brief Name of the entity: EPL Packaging (Thailand) Co.
such as size, turnover etc. Ltd. (“EPTL”)
Registered Capital: 15,90,000 shares having face
value of 100 Thai Baht each
(The Authorised Capital is referred as ‘Registered
Capital’ as per applicable laws in Thailand).
Paid-up Share Capital: 15,90,000 shares of
face value of 100 Thai Baht each
Turnover: 16,159,093.60 Thai Baht as on
March 31, 2026
b) Whether the acquisition would fall Since EPTL is a wholly-owned subsidiary of the
within related party transaction(s) and Company, the transaction is a related party
whether the promoter/ promoter transaction and is being conducted at ‘arm’s
group/ group companies have any length’, in terms of provisions of applicable laws
interest in the entity being acquired? in India and Thailand.
If yes, nature of interest and details Except to the extent of shares held by the
thereof and whether the same is done at Company in EPTL, the promoter/ promoter
arm’s length group/ group companies of the Company have no
interest in EPTL.
c) Industry to which the entity being This is an investment in a wholly-owned
acquired belongs subsidiary of the Company, which is engaged in
Manufacturing and trading of laminated tubes in
d) Objects and impact of acquisition
Thailand.
(including but not limited to, disclosure
of reasons for acquisition of target
entity, if its business is outside the main
line of business of the listed entity)
e) Brief details of any governmental or Not Applicable
regulatory approvals required for the
acquisition
f) Indicative time period for completion of The formalities with respect to this investment
the acquisition are expected to be completed by August 14,
2026.
Page 2 of 3
Sr. Particulars Details
g) Nature of consideration - whether cash The Company has on July 3, 2026, invested a
consideration or share swap or any other further amount of 4,95,00,000 Thai Baht
form and details of the same (equivalent to Rs. 144.54 Million) in EPTL (subject
to applicable charges, if any and applicable
h) Cost of acquisition and/or the price at
foreign exchange rates), after obtaining all
which the shares are acquired
necessary approvals in terms of the provisions of
i) Percentage of shareholding/ control
applicable laws in India and Thailand, for
acquired and/or number of shares
subscription of 4,85,100 shares of EPTL (or such
acquired
number of shares as may be issued by EPTL,
pursuant to the funds received as per the
applicable foreign exchange rates) (having face
value of 100 Thai Baht each), in addition to the
shares already held by the Company.
Further, Lamitube Technologies Ltd. - a wholly-
owned subsidiary of the Company (“LTL”), has
also invested the necessary amount for
subscription of 4,900 shares of EPTL (or such
number of shares as may be issued by EPTL,
pursuant to the funds received as per the
applicable foreign exchange rates) (having face
value of 100 Thai Baht each), in addition to the
shares already held by LTL.
EPTL continues to be a wholly-owned subsidiary
of the Company, as 99% of the shareholding in
EPTL is held by the Company and 1% of the
shareholding in EPTL is held by LTL (which is a
wholly-owned subsidiary of the Company).
j) Brief background about the entity EPTL is incorporated to act as a vehicle to pursue
acquired in terms of products/line of various growth opportunities in Thailand, in
business acquired, date of incorporation, manufacturing and trading of laminated tubes.
history of last 3 years turnover, country
Brief Details of EPTL are as under:
in which the acquired entity has
Particulars Details
presence and any other significant
Date of February 4, 2025
information (in brief) incorporation
History of last 3 FY 2025-26: 16,159,093.60 Thai Baht
years’ turnover FY 2024-25: Not Applicable
FY 2023-24: Not Applicable
Country of Thailand
presence
Page 3 of 3