CCI Clears Merger of Indovida India with EPL Limited

The Competition Commission of India has approved the merger of Indovida India Private Limited with EPL Limited. Indovida India will merge with EPL through absorption, with EPL issuing shares to Indovida's shareholders. Indovida India is a subsidiary of Indorama Netherlands BV and part of the Indorama Ventures Public Company Limited Group, which operates globally in several sectors. EPL Limited specializes in packaging products in India.

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