Investor Note / Update
Essel Propack Ltd has submitted to BSE a copy of Investors notes / update with respect to Unudited Financial Results for the quarter ended June 30, 2016.01-09-2016
Investor Note / Update
Essel Propack Ltd has submitted to BSE a copy of Investors notes / update with respect to Unudited Financial Results for the quarter ended June 30, 2016.Standalone & Consolidated Financial Results, Limited Review Report for June 30, 2016
Essel Propack Ltd has informed BSE about : 1. Standalone Financial Results for the period ended June 30, 20162. Consolidated Financial Results for the period ended June 30, 20163. Standalone Limited Review for the period ended June 30, 20164. Consolidated Limited Review for the period ended June 30, 2016Raising of funds through issuance of Commercial Papers for Rs.20 crore
Essel Propack Ltd has informed BSE regarding "Raising of funds through issuance of Commercial Papers for Rs.20 crore".Upgrade/assign of credit rating for Bank Facilities and NCDs
Essel Propack Ltd has informed BSE regarding "Upgrade/assign of credit rating for Bank Facilities and NCDs".Board Meeting Intimation for Results & Closure of Trading Window
Essel Propack Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on September 01, 2016, inter alia, to consider and approve unaudited financial result of the Company's India standalone and consolidated of global operation for the quarter ended June 30, 2016.Due to the board meeting as above, Trading Window in respect to dealing with shares / securities of the Company has been already closed...Goldman Sachs-led consortium to invest $220 mn in Essel Highways
MUMBAI: A consortium of investors led by Goldman Sachs Inc has agreed to invest $220 million in Essel Highways, the road infrastructure holding company of Subhash Chandra-controlled Essel Group, through a structured debt transaction in one of the biggest fundraising exercises in the sector. Goldman, the lead investor, has already paid an initial $85 million, athird of the total, in exchange for debentures. Other financial institutions and investors will be investing the remaining portion after corporate milestones are achieved. The funds will be used to finance new projects and strategic acquisitions, the company said in a statement on Friday. ET reported on June 21 that Goldman was in advanced talks for a $200-250 million deal with Essel Group in its road subsidiary. With assets valued at nearly $2 billion, the company has a road development portfolio of 14 projects, 10 of which are operational, equalling over 4,400 lane km across six states. The firm has an order book of close to Rs 11,000 crore, its website showed. The group's infrastructure holding company, Essel Infrastructure, raised $132 million in March from Piramal Group and Dutch pension fund APG Asset Management for its solar power project platform. Investment momentum has increased in the road infrastructure space in past 12-18 months with many infrastructure-focussed investors looking at putting money into Indian assets, analysts said. Global institutional investors such as Goldman Sachs and sovereign and pension funds have been actively looking at cashgenerating infrastructure projects. "With infrastructure asset supply becoming scarce in western markets, there is a significant opportunity to...Change in Directorate
Essel Propack Ltd has informed BSE that Dr. Subhash Chandra, Director and Chairman of the Company has tendered his resignation effective from August 05, 2016. Dr. Chandra's resignation is keeping in view his becoming member of Rajya Sabha and therefore his wish for serving the nation.Essel Finance plans Rs500 crore fund to invest in residential projects
New fund to offer structured debt to mid-income residential projects in top cities, similar to Essel Finance's first fundEssel Propack opens new modern factory in Colombia
Essel Propack Ltd has informed BSE regarding a Press Release dated July 18, 2016 titled "Essel Propack opens new modern factory in Colombia".Shareholding for the Period Ended June 30, 2016
Essel Propack Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2016. For more details, kindly Click here