EPL Limited has informed the Exchange about Investment in EPL Packaging (Thailand) Co. Ltd.
EPL · price
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Awaiting price reaction for this filing.
EPL Limited has made an additional investment of 43 million Thai Baht (around ₹114.81 million) in its wholly-owned subsidiary EPL Packaging (Thailand) Co. Ltd. (EPTL) on June 4, 2025. EPTL, incorporated on February 4, 2025 in Thailand, is yet to commence business and will focus on manufacturing and trading of laminated tubes. After this infusion, EPL holds 99% of EPTL and its step-down subsidiary Lamitube Technologies Ltd holds the remaining 1%, keeping EPTL fully within the EPL group. The investment is part of the company's plan to set up a base in Thailand to pursue growth opportunities in the laminated tubes business. The formalities for this investment are expected to be completed by July 15, 2025.
This is a routine capital infusion into EPL's own Thailand subsidiary and is unlikely to move the stock on its own. It signals the company's continued push to expand its core laminated tubes business into Southeast Asia, which could support long-term growth.