Epsilon Bidco Pte. Ltd. has confirmed that it, along with persons acting in concert, did not create any additional encumbrance on its shareholding in EPL Limited during the financial year 2025-2026. The declaration was submitted to the National Stock Exchange of India Limited and BSE Limited on April 10, 2026, in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquirer stated that no shares were encumbered directly or indirectly beyond those already disclosed to the exchanges for the specified period. This regulatory filing ensures transparency regarding the status of the shareholding pledged by the acquirer group.

The declaration was signed by Lixian Wang, an authorised signatory of Epsilon Bidco Pte. Ltd., and was addressed to the corporate service departments of both stock exchanges as well as the audit committee and company secretary of EPL Limited.

EPL Limited invested 4,95,00,000 Thai Baht, equivalent to Rs. 144.54 million, in its wholly-owned subsidiary EPL Packaging (Thailand) Co. Ltd (EPTL) on July 3, 2026. This capital infusion was made to subscribe to 4,85,100 shares with a face value of 100 Thai Baht each, following necessary regulatory approvals under applicable laws in India and Thailand. The investment aims to support EPTL's operations in manufacturing and trading laminated tubes in Thailand.

Lamitube Technologies Ltd (LTL), another wholly-owned subsidiary of EPL Limited, invested an additional amount to subscribe to 4,900 shares. Consequently, EPTL remains a wholly-owned subsidiary of EPL Limited, with the parent company holding 99% of the shareholding and LTL holding the remaining 1%. The formalities for this investment are expected to be completed by August 14, 2026.

Since EPTL is a wholly-owned subsidiary, the transaction is classified as a related party transaction conducted at arm's length. The promoter, promoter group, and group companies of EPL Limited hold no interest in EPTL other than the shares held by the company and LTL.

EPTL was incorporated on February 4, 2025, to pursue growth opportunities in Thailand. For the financial year 2025-26, the entity reported a turnover of 16,159,093.60 Thai Baht. The following table summarises the key details of EPL Packaging (Thailand) Co. Ltd:

Key Details of EPL Packaging (Thailand) Co. Ltd