EPACK Durable Gets Delhi High Court Order on Customs Show Cause Notice Matter

2 min read     Updated on 01 May 2026, 11:51 AM
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Reviewed by
Riya DScanX News Team
AI Summary

EPACK Durable Limited received a procedural order from Delhi High Court dated April 28, 2026, remanding the customs show cause notice matter to CBIC for adjudication. The company is evaluating legal remedies including filing a Special Leave Petition before the Supreme Court and has assessed no immediate material financial impact from this development.

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EPACK Durable Limited has received an official update on the litigation matter concerning a customs show cause notice, following an order from the Delhi High Court. The development represents a continuation of the legal proceedings that the company previously disclosed in March 2025.

Court Order Details

The Delhi High Court passed an order dated April 28, 2026, with the company receiving intimation on April 29, 2026. The court has remanded the matter to the Central Board of Indirect Taxes and Customs (CBIC) for adjudication to consider and decide the show cause notice.

Parameter: Details
Court: Delhi High Court
Order Date: April 28, 2026
Intimation Received: April 29, 2026
Action: Matter remanded to CBIC for adjudication
Nature: Procedural order
Disclosure Date: April 30, 2026

Company's Position and Next Steps

EPACK Durable has clarified that the court order is procedural in nature and does not adjudicate upon or confirm the demand raised in the show cause notice. This distinction is important as it means the substantive issues remain to be decided by the customs authorities.

The company is currently evaluating appropriate legal remedies and is considering filing a Special Leave Petition (SLP) before the Supreme Court of India within the prescribed timelines to challenge the Delhi High Court order.

Financial Impact Assessment

Based on the company's current assessment, there is no immediate material financial impact arising from this development. The procedural nature of the court order means that the underlying customs matter remains unresolved and will now be considered by the CBIC through the adjudication process.

Regulatory Compliance and Background

This update follows the company's earlier disclosure in March 2025 regarding the receipt of a show cause notice from the Principal Commissioner of Customs, Noida Customs Commissionerate. The disclosure has been made in accordance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and the SEBI Master Circular dated January 30, 2026.

Compliance Parameter: Details
Regulation: SEBI Listing Regulations 30
Schedule Reference: Para B, Sub-para 8 of Schedule III
Master Circular: SEBI/HO/CFD/PoD2/CIR/P/2026/3762
Circular Date: January 30, 2026
Filing Officer: Rajesh Kumar Mittal, CFO

The matter will now proceed through the customs adjudication process as directed by the Delhi High Court, while the company explores its legal options at the Supreme Court level. The company has confirmed that this information is also available on its official website.

Historical Stock Returns for Epack Durable

1 Day5 Days1 Month6 Months1 Year5 Years
-4.18%-5.66%+19.32%-11.73%-22.94%+25.09%

What potential financial exposure could EPACK Durable face if the CBIC adjudication rules against them in the customs matter?

How might a Supreme Court Special Leave Petition filing affect EPACK's legal costs and timeline for resolution?

Could this customs dispute signal broader regulatory scrutiny of EPACK's import/export operations or industry practices?

EPACK Durable Promoter Declares No Share Encumbrance for FY26 Under SEBI Regulations

1 min read     Updated on 30 Apr 2026, 05:50 AM
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Reviewed by
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Ajay DD Singhania, promoter of EPACK Durable Limited, declared no encumbrance on promoter group shares during FY26 ended March 31, 2026. The April 03, 2026 declaration complied with SEBI Regulation 31(4) and 31(5) requirements and was submitted to BSE and NSE. The communication ensures regulatory transparency regarding promoter shareholding activities, with copies sent to the company's Audit Committee.

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Epack durable promoter Ajay DD Singhania has formally declared that no encumbrance was made on shares held by the promoter group during the financial year ended March 31, 2026. The declaration was submitted to both BSE and NSE on April 03, 2026, in compliance with SEBI takeover regulations.

Regulatory Compliance Declaration

The declaration was made pursuant to Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Singhania confirmed that neither he nor persons acting in concert with him made any encumbrance, directly or indirectly, over the company shares during FY26.

Declaration Details: Information
Promoter Name: Ajay DD Singhania
Regulatory Framework: SEBI Regulation 31(4) & 31(5)
Financial Year: Ended March 31, 2026
Declaration Date: April 03, 2026
Location: Noida

Stock Exchange Communication

The formal communication was addressed to the listing departments of both major Indian stock exchanges. BSE Limited received the declaration referencing scrip code 544095, while National Stock Exchange of India Limited was notified using the symbol EPACK.

Corporate Governance Measures

The declaration represents standard corporate governance practice under SEBI regulations, ensuring transparency regarding promoter shareholding activities. Singhania submitted the declaration on behalf of himself and the entire promoter group, with copies forwarded to EPACK Durable Limited's Audit Committee for internal record-keeping and oversight purposes.

Historical Stock Returns for Epack Durable

1 Day5 Days1 Month6 Months1 Year5 Years
-4.18%-5.66%+19.32%-11.73%-22.94%+25.09%

Will Epack Durable's promoters consider pledging shares for business expansion or debt financing in the upcoming fiscal year?

How might this clean shareholding status impact Epack Durable's ability to attract institutional investors or strategic partnerships?

Could this declaration signal potential merger and acquisition activities where unencumbered promoter shares would be advantageous?

More News on Epack Durable

1 Year Returns:-22.94%