Epack Durable secures AP nod for ₹1,084.31 Cr investment

1 min read     Updated on 02 Jul 2026, 06:01 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Epack Durable Limited and its subsidiary EPACK Manufacturing Technologies Private Limited secured Andhra Pradesh government approval for a ₹1,084.31 crore combined investment under the Mega Category of the Andhra Pradesh Electronics Manufacturing Policy (4.0). The incentive package includes the allotment of 36.41 acres of land at ₹60 Lakh per acre and a 50% capital subsidy on eligible fixed capital investment. The investment aims to expand manufacturing capabilities for room air conditioners and other home appliances, generating approximately 1,600 jobs.

powered bylight_fuzz_icon
44370886

*this image is generated using AI for illustrative purposes only.

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.

Particular Details
Land Allotted 36.41 acres
Cost of Land ₹60 Lakh per acre
Company's Proposed Investment ₹314.31 Crore
EMTPL's Proposed Investment ₹770 Crore
Combined Investment ₹1,084.31 Crore
Capital Subsidy 50% on Eligible Fixed Capital Investment

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.

Historical Stock Returns for Epack Durable

1 Day5 Days1 Month6 Months1 Year5 Years
+1.36%-1.71%+3.00%-13.05%-34.54%+10.77%

What is the projected timeline for the completion of the manufacturing facility and the commencement of production?

How will the 50% capital subsidy impact Epack Durable's profit margins and pricing competitiveness in the home appliance market?

Will this expansion enable Epack Durable to secure new ODM contracts or partnerships with major global appliance brands?

Epack Durable promoter declares no encumbrance on shares for FY26

0 min read     Updated on 19 Jun 2026, 04:18 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Epack Durable Limited promoter Bajrang Bothra declared no new encumbrance on shares for FY26, complying with SEBI regulations. Existing pledges by PACs remain disclosed to exchanges.

powered bylight_fuzz_icon
43368452

*this image is generated using AI for illustrative purposes only.

Epack Durable Limited promoter Bajrang Bothra has declared that he and his persons acting in concert (PAC) have not created any new encumbrance on the company's shares during the financial year ended March 31, 2026. The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing confirms that while no fresh pledges have been made, existing encumbrances remain in place. The promoter detailed the specific share pledges held by PACs, which were previously reported to the exchanges.

The following table outlines the shares held and pledged by the identified PACs:

S. No. Name of PAC Shares held by PAC Number of Shares Pledged % of total equity share capital
1 Nikhil Bothra 32,03,326 8,75,000 0.91%
2 Nitin Bothra 32,03,326 8,75,000 0.91%

The declaration was addressed to the Listing Departments of BSE Limited and National Stock Exchange of India Limited. The Audit Committee of epack durable was also marked a copy of the disclosure.

Historical Stock Returns for Epack Durable

1 Day5 Days1 Month6 Months1 Year5 Years
+1.36%-1.71%+3.00%-13.05%-34.54%+10.77%

What is the promoter's strategy for reducing the existing share pledges held by the PACs?

How might the continuation of these encumbrances impact Epack Durable's ability to raise future capital?

Are there any upcoming financial triggers that could force the promoters to increase their current pledge levels?

More News on Epack Durable

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:-34.54%