EPack Prefab Technologies has issued a postal ballot notice seeking shareholder approval for ratification of its Employee Stock Option Scheme 2024 and extension of benefits to subsidiary employees through remote e-voting.

The company has issued a comprehensive postal ballot notice to its shareholders, outlining two special resolutions that require ratification following the company's recent listing on stock exchanges. The primary resolution seeks ratification of the EPack Prefab Employee Stock Option Scheme 2024, which was originally approved by the Board on December 18, 2024, and by members at an Extraordinary General Meeting held on the same date.

ESOP Scheme Details

Each stock option is convertible into one equity share of ₹2 fully paid, ranking pari passu with existing equity shares. The scheme follows a structured vesting schedule with 25.00% of options vesting at the end of each year over four years from the grant date.

Extension to Subsidiary Companies

The second resolution proposes extending the ESOP scheme benefits to employees of present and future subsidiaries and associate companies, subject to determination by the Board of Directors or the Nomination and Remuneration Committee.

E-Voting Process

The company has engaged KFin Technologies Limited for remote e-voting facilities. The voting process will be conducted entirely through electronic means.

Only members holding shares as of the cut-off date are entitled to vote on the resolutions.

The ratification has become necessary under SEBI regulations following the company's IPO and listing on BSE Limited and National Stock Exchange of India Limited on October 01, 2025. EPack Prefab Technologies has confirmed that no new options have been granted to employees following the IPO, ensuring compliance with regulatory requirements.

EPack Prefab Technologies has announced a key senior management change with the resignation of its General Manager Sales. The company informed stock exchanges about this development in compliance with regulatory disclosure requirements.

Senior Management Departure

Mr. Sandeep Mourya, General Manager of the Sales Department and Senior Management Personnel, has tendered his resignation from EPack Prefab Technologies. His last working day is December 15, 2025, marking the end of his tenure with the company.

Resignation Details

In his resignation letter dated November 6, 2025, Mourya addressed Executive Director Mr. Nikhel Bohtra, explaining his decision to pursue opportunities outside the organization. He stated that the decision would further enhance his professional growth and development. Mourya confirmed there are no other material reasons for his resignation beyond what was stated.

The resignation had been under discussion with management, and Mourya committed to serving his full notice period to ensure a smooth transition. He expressed gratitude to the Board and management for their support and opportunities during his tenure.

Regulatory Compliance

EPack Prefab Technologies filed the resignation intimation with both NSE and BSE on December 15, 2025, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure includes details as required under SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The resignation represents a change in the company's senior management structure as Mourya held the position of General Manager in the Sales Department, a key operational role within the organization.