Indorama Enters EPL with ₹1,908 Cr Stake Buy; Blackstone Begins Exit

Unknown Apr 02, 2026 850 Views

EPL Ltd’s board approved a strategic 24.9% stake sale to Indorama Netherlands B.V. at ₹240/share, valuing the transaction at ₹1,907.85 crore. The deal, executed via a share purchase agreement filed with BSE/NSE, reduces Blackstone’s holding from 51.47% to 26.57%. Indorama gains rights...

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