Epack Durable CFO Narayan Lodha Resigns April 2026 for Career Growth

1 min read     Updated on 23 Apr 2026, 04:32 PM
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AI Summary

Epack Durable has filed regulatory disclosure announcing the resignation of Executive Director and Group CFO Narayan Lodha, effective April 30, 2026. The resignation was formally communicated to BSE and NSE under SEBI regulations, with Lodha citing career growth opportunities as the reason for his departure from the dual leadership role.

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Epack Durable has officially announced the resignation of its Executive Director and Group CFO Narayan Lodha through a regulatory filing under Regulation 30 of SEBI LODR Regulations. The departure represents a significant change in the company's senior management structure.

Resignation Details

The company has confirmed that Lodha will step down from his dual role effective from close of business hours on April 30, 2026. Lodha, who holds DIN 02338333, has tendered his resignation to pursue another opportunity that aligns with his long-term professional growth and career aspirations.

Parameter: Details
Executive Name: Narayan Lodha
DIN: 02338333
Current Position: Executive Director and Group CFO
Resignation Date: April 30, 2026
Reason: Career opportunity and professional growth

Regulatory Compliance

Epack Durable has filed the resignation disclosure with both BSE and NSE under Regulation 30 of the SEBI LODR Regulations. The company's scrip code on BSE is 544095, while it trades on NSE under the symbol EPAC3. The filing was signed by Rajesh Kumar Mittal, Chief Financial Officer, on April 23, 2026.

Professional Transition

In his resignation letter dated April 23, 2026, Lodha expressed gratitude for the trust, guidance, and support extended to him during his tenure with the organization. He acknowledged that the decision was not easy but emphasized his commitment to pursuing opportunities aligned with his career aspirations. The extended notice period demonstrates a professional approach to the transition, allowing for proper handover of responsibilities.

Leadership Impact

As Executive Director and Group CFO of EPACK Group, Lodha holds dual responsibilities encompassing both executive leadership and financial oversight. His departure will require Epack Durable to address both strategic leadership and financial management functions, potentially through separate appointments or a single successor with comprehensive capabilities.

Historical Stock Returns for Epack Durable

1 Day5 Days1 Month6 Months1 Year5 Years
+7.93%+17.05%+37.17%-14.29%-20.29%+38.16%

How will Epack Durable restructure its senior management to fill the dual executive and CFO responsibilities after Lodha's departure?

What impact might this leadership transition have on Epack Durable's strategic initiatives and financial performance in 2026-2027?

Will the company seek external candidates or promote internally to replace Lodha's combined executive director and CFO roles?

EPACK Durable Limited Receives Rs 37.50 Crores Under PLI Scheme for FY 2024-25

1 min read     Updated on 11 Apr 2026, 04:46 AM
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AI Summary

EPACK Durable Limited has received Rs 37.50 crores disbursement under the Production Linked Incentive Scheme for White Goods for FY 2024-25 from IFCI Limited. The disbursement follows a sanction letter dated March 30, 2026, and was disclosed to stock exchanges under SEBI regulations. This represents a significant financial benefit for the company under the government's initiative to promote domestic manufacturing in the white goods sector.

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EPACK Durable Limited has announced the successful receipt of a substantial incentive disbursement under the government's Production Linked Incentive scheme. The company informed stock exchanges about receiving Rs 37.50 crores under the PLI Scheme for White Goods for Financial Year 2024-25.

PLI Scheme Disbursement Details

The incentive disbursement follows the sanction letter received from IFCI Limited on March 30, 2026. IFCI Limited, being a Government of India undertaking, serves as the implementing agency for the PLI scheme disbursements.

Parameter: Details
Disbursement Amount: Rs 37,50,00,000 (Rupees Thirty Seven Crores Fifty Lakhs)
Scheme: Production Linked Incentive Scheme for White Goods
Financial Year: 2024-25
Disbursing Agency: IFCI Limited
Sanction Date: March 30, 2026

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events that could impact investor decisions.

The company has committed to posting a copy of this disclosure on its official website at www.epackdurable.com , ensuring transparency and accessibility for all stakeholders.

Company Background

EPACK Durable Limited, formerly known as EPACK Durable Private Limited, operates from its registered office in Greater Noida, Uttar Pradesh. The company's corporate office is located in Noida, and it is engaged in manufacturing activities that qualify for benefits under the government's PLI scheme for white goods.

The PLI scheme for white goods aims to boost domestic manufacturing capabilities and reduce import dependence in the sector. This disbursement represents the government's continued support for companies investing in domestic production infrastructure and meeting specified performance criteria under the scheme.

Historical Stock Returns for Epack Durable

1 Day5 Days1 Month6 Months1 Year5 Years
+7.93%+17.05%+37.17%-14.29%-20.29%+38.16%

How will EPACK Durable utilize the Rs 37.50 crore PLI incentive to expand its manufacturing capacity and product portfolio?

What impact could this substantial government incentive have on EPACK Durable's competitive positioning against other white goods manufacturers?

Will EPACK Durable's success in securing PLI benefits encourage more companies to invest in domestic white goods manufacturing?

More News on Epack Durable

1 Year Returns:-20.29%