Epack Durable Limited has accepted the resignation of Mohammed Kaishulla from the position of Chief Information Officer, effective immediately due to unforeseen personal urgency. The resignation was submitted with effect from the close of business hours on July 18, 2026. The company disclosed this development in a filing submitted to the stock exchanges.

The departure of Kaishulla, who was designated as Senior Management Personnel, was communicated to BSE Limited and National Stock Exchange of India Limited. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the resignation letter has been enclosed as part of the regulatory filing.

In his resignation email, Kaishulla requested that July 18, 2026, be treated as his last working day. He stated that he had finalized all handover documentation regarding IT infrastructure and ongoing projects to ensure a smooth transition for the team. The request for a modification to his final working day was approved by the management.

The filing included specific details regarding the cessation of the role. The reason for the change was cited as unforeseen personal urgency. No brief profile or relationship disclosures were required as the event pertains to a resignation rather than an appointment.

The information has also been uploaded on the official website of epack durable . The disclosure was signed by Esha Gupta, Company Secretary and Compliance Officer, on behalf of the company.

Epack Durable Limited has secured approval from the Government of Andhra Pradesh for a tailor-made incentive package under the Mega Category of the Andhra Pradesh Electronics Manufacturing Policy (4.0). The approval covers a combined proposed investment of ₹1,084.31 Crore by the company and its wholly-owned subsidiary, EPACK Manufacturing Technologies Private Limited (EMTPL). This strategic move is aimed at expanding manufacturing capabilities for room air conditioners, components, small domestic appliances, washing machines, televisions, and other home appliances in the state.

The Government Order, dated June 29, 2026, provides for the allotment of 36.41 acres of land to Epack Durable at a rate of ₹60 Lakh per acre. Additionally, the package includes a 50% capital subsidy on eligible fixed capital investment for the combined proposed investments. The government has also extended incentives to investments already made by the company and EMTPL in Sri City after November 2024, alongside other applicable benefits under the policy.

Investment and Financial Implications

The total combined investment of ₹1,084.31 Crore includes a proposed investment of ₹314.31 Crore by Epack Durable and ₹770 Crore by EMTPL. The incentives are eligibility-linked, meaning the company and its subsidiary must meet specific criteria to avail of them. The financial benefits are expected to accrue progressively as the project advances and conditions are met.

Mr. Ajay DD Singhania, Managing Director and Chief Executive Officer of Epack Durable Limited, stated that the approval is an important step in the company's long-term manufacturing expansion plans. He noted that the combined investment is expected to generate employment of around 1,600 jobs in the state. The company is an Original Design Manufacturer (ODM) of room air conditioners and has diversified its portfolio across large and small domestic appliances and components.