EPL Limited has informed the Exchange about Investor Presentation

EPL Limited's board has approved the merger of Indovida India Private Limited (a rigid PET packaging player) with EPL (a flexible packaging leader), making it one of the largest M&A deals in the Indian packaging space. EPL will be the continuing listed entity. The combined platform will have ~$1 billion in revenue, 40 manufacturing facilities across 17 countries, and ~75% revenue exposure to emerging markets. EPL is valued at INR 339 per share (about 70% above its last closing price), while Indovida is being valued at roughly a 35% discount to EPL's multiple. The cash-neutral deal has a swap ratio of 286 EPL shares for every 10,000 Indovida shares, with identified synergies of $35–50 million and is expected to be EPS accretive from the first full year. Indorama Ventures will become the promoter of the merged entity with a 51.8% stake, and Mr. Hemant Bakshi will lead as MD and Global CEO. Closure is expected in about 12 months, subject to SEBI, CCI, NCLT, and shareholder approvals.