Story thread · 6 reports / 2 sources
Blackstone-backed Epsilon Bidco may sell 26% stake in EPL in Rs 1,985-crore block deal
economictimes.indiatimes.com · 14d
How the coverage leans
Across 2 sources · syndicated copies counted once
Blackstone-backed Epsilon Bidco Pte Ltd may sell its entire stake of up to 26.4% in packaging solutions provider EPL Ltd through a block deal, in a transaction that could raise around Rs 1,985 crore, according to the reports.Epsilon Bidco is currently the largest shareholder in EPL, holding 8,44,79,781 shares, or 26.38% of the company, as of the quarter ended June 2026, according to BSE data.The block deal has been launched at an offer price of Rs 235 per share, representing a discount of up to 10.3% to EPL’s prevailing market price. At the offer price, the proposed sale of 8.45 crore shares would fetch approximately Rs 1,985 crore.EPL shares settled at Rs 262.06 apiece on the NSE on Monday, rising 4.02% from the previous close of Rs 251.94. At Monday’s closing price, Epsilon Bidco’s stake in the company was worth roughly Rs 2,214 crore.The proposed transaction comes less than a month after EPL reported a strong operating performance for the first quarter of FY27.On August 12, EPL said
First report: Explained: Want to calculate the future value of your Rs 10,000 SIP? Here’s the formula — economictimes.indiatimes.com, 17d
The coverage
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