Mid Cap Packaging Company Sets Record Date To Pay Rs 2.15/Share Final Dividend

Mid cap company operating in the packaging sector, EPL Ltd fixed August 4, 2023 as the record date for the dividend of Rs 2.15 per equity share of Rs 2 each, if approved at the AGM. The AGM of the company is scheduled to take place on August 11, 2023. Current market price of EPL Ltd share is Rs 216.90 per share. EPL shares offered 36% return in last 3-months and 31% return in last 1-year. Check details below:

EPL Ltd Declares Record Date For Dividend Payment: As per the BSE filing of the company dated July 10, "With reference to the captioned subject and pursuant to SEBI LODR and applicable statutory provisions, this is to inform you that the record date shall be 4 August 2023 to determine the shareholders entitled for final dividend of Rs. 2.15 per equity share of face value of Rs. 2 each, if approved at the ensuing Annual General Meeting ("AGM") of the members of the Company.

Meanwhile, the dividend of Rs. 2.15 per equity share of Rs. 2 each, as recommended by the Board, if approved at the AGM, will be paid by way of direct credit or dispatch of warrants/demand drafts on or around 14 August 2023 to those who are members as on relevant date or record date.

EPL Ltd Stock Performance & Return: Current market price of EPL share is Rs 216.90 apiece on BSE till 2:27 pm. The stock's 52-week high price is Rs 227.35 per share and 52-week low price is Rs 147.05 per share, respectively. Its market capitalisation is Rs 6901.97 crore. EPL shares offered return of 31% in last 6-months, 26% return YTD, declined 18% in last 2-years and gave return of 10% in last 3-years.

EPL Ltd Financial Performance: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 996.10 crore, up 4.94% from previous quarter total income at Rs 996.10 crore, up 4.94% as compared to last quarter total income of Rs 949.20 crore. It announced its latest quarter net profit after tax at Rs 84.50 crore.

EPL Ltd About: EPL is a global specialty packaging company. It delivers packaging solutions that cater to the FMCG and Pharma space. With a 33% share of the worldwide oral care market and many successful forays into wider verticals such as Beauty & Cosmetics, Pharma & Health, Food, Home and Oral, it is the world's largest producer of laminated plastic tubes. The mid cap company was incorporated in 1982.

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