Intimation in relation to issue and allotment of Commercial Papers, is enclosed herewith.
EPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
EPL Ltd has issued and allotted 800 units of Commercial Papers for a total amount of Rs. 40 Crore on June 6, 2025. Each unit carries a face value of Rs. 5,00,000, with both the discount rate and yield rate at 6.70% per annum. The Commercial Papers will mature on September 4, 2025, making this a short-term instrument of roughly three months. The company has noted that it is in the process of listing these papers on the National Stock Exchange and has clarified that this allotment is not material in nature.
This is a routine short-term borrowing of Rs. 40 Crore at a standard money-market rate and is explicitly stated as non-material, so it is unlikely to have any meaningful impact on the stock price or shareholder interests.