ALPHA TRIBE

EPL LimitedImportant, 13-11-2024: Updates

13-11-2024 | 05:16 pm

EPL Limited has issued and allotted 1,600 units of Commercial Paper (CP), totaling Rs. 80 crores. Each unit has a face value of Rs. 5,00,000, with a discount rate of 7.45% per annum and a yield rate of 7.4498%. The CP is set to mature on February 10, 2025, and has been listed on the National Stock Exchange of India. While the issuance is compliant with regulatory requirements, it is not considered material for the company. This move might enhance liquidity and provide an opportunity for short-term financing, warranting close attention from investors.

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