EPL Limited announced the successful issuance and allotment of Commercial Papers (CPs) aggregating to Rs. 50 Crore on March 2, 2026. The CPs have a face value of Rs. 5,00,000/- per unit and a maturity date set for June 1, 2026. The effective yield rate achieved for this short-term financing instrument was 7.40% p.a. The company noted that this disclosure is for compliance purposes, though the allotment is considered not material to EPL Limited.
Short-Term Funding Secured via Commercial Papers
EPL Limited has completed the issuance and allotment of Commercial Papers (CPs) totaling Rs. 50 Crore. This transaction took place on March 2, 2026, as part of the Company’s routine treasury and working capital management activities.
Key Details of the CP Issuance
The announcement provided specific parameters for the newly issued security:
- Security Type: Commercial Papers (ISIN: INE255A14734)
- Total Size: Rs. 50 Crore
- Number of Units: 1000 units
- Face Value Per Unit: Rs. 5,00,000/-
- Maturity Date: June 1, 2026
- Discount Rate: 7.265% p.a.
- Yield Rate: 7.40% p.a.
Regulatory Context and Materiality
The issuance was disclosed under the framework governing listing obligations. Although this filing fulfills the disclosure requirements, EPL Limited explicitly clarified that the allotment of Rs. 50 Crore in Commercial Papers is not material in nature to the overall operations or financial standing of the Company.
Furthermore, the Company confirmed that it is currently in the process of obtaining listing for these Commercial Papers on the National Stock Exchange of India Limited.
Source: BSE
