Intimation in relation to issuance and allotment of Commercial Papers, is enclosed herewith.
EPL · price
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Awaiting price reaction for this filing.
EPL Ltd has issued and allotted Commercial Papers (CPs) aggregating to Rs. 50 Crore on March 2, 2026. The issue consists of 1,000 units with a face value of Rs. 5,00,000 each. The CPs carry a discount rate of 7.265% p.a. and a yield of 7.40% p.a., with a maturity date of June 1, 2026 (approximately 3-month tenor). The company is in the process of listing these CPs on the National Stock Exchange. EPL has clarified that the allotment is not material in nature to the company.
This is a routine short-term borrowing of Rs. 50 Crore via commercial papers at competitive market rates, suggesting healthy access to short-term funding. Given the company explicitly states this is not material, it is unlikely to have any meaningful impact on the stock price or shareholder value.