Essel Propack Limited (Essel) has announced that it has further received Rs. 40 Crores towards repayment of outstanding dues of Inter corporate deposit. Essel has already received Rs. 25.30 crores in last month. The balance amount is expected to be received by March 2019.
On the matter Mr. Vinay Mokashi, Chief Financial Officer said, "The receipt of substantial amount out of total outstanding shall further strengthen the cash flow of the Company and reduce debts."
Shares of ESSEL PROPACK LTD. was last trading in BSE at Rs.114.8 as compared to the previous close of Rs. 110.05. The total number of shares traded during the day was 126727 in over 204 trades.
The stock hit an intraday high of Rs. 122 and intraday low of 105.95. The net turnover during the day was Rs. 13827575.