BRIEF-Epl Ltd And Indovida To Merge Forming $1 Billion Revenue Entity Valued At $2 Billion-March 2024-www.financetom.com

BRIEF-Epl Ltd And Indovida To Merge Forming $1 Billion Revenue Entity Valued At $2 Billion

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BRIEF-Epl Ltd And Indovida To Merge Forming $1 Billion Revenue Entity Valued At $2 Billion

Mar 29, 2026 6:11 AM

March 29 (Reuters) - EPL Ltd:

* EPL LTD - AND INDOVIDA TO MERGE FORMING $1 BILLION REVENUE

ENTITY VALUED AT $2 BILLION

* EPL LTD - DEAL VALUES EPL AT 339 RUPEES PER SHARE

* EPL LTD - HEMANT BAKSHI TO REMAIN GROUP CEO OF MERGED

ENTITY

* EPL LTD - INDORAMA VENTURES WILL BECOME A CO-PROMOTER OF

COMPANY HOLDING 51.8% OWNERSHIP. BLACKSTONE WILL OWN 16.6% STAKE

IN MERGED ENTITY

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