Brief: Epl Ltd And Indovida To Merge Forming $1 Billion Revenue Entity Valued At $2 Billion
29/03/2026 13:59
March 29 (Reuters) - EPL Ltd EPLI.NS: 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 Source text: ID:nBSE5QT8Xd Further company coverage: EPLI.NS ((Reuters.Briefs@thomsonreuters.com;))