One additional trigger will come post FY24 is that the TSA fee paid by Blackstone to the erstwhile promoter would go away and that would also lead the PBT to go up 16 cr
Essel Propack Limited Open Offer LOF_p.PDF (sebi.gov.in)
The agreement signed at the time of acq. was for five years which should end in FY24 as the acquisition happened in 2019.
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