EPACK Durable Limited has submitted its quarterly monitoring agency report for Q3FY26 to BSE and NSE, detailing the utilization of proceeds from its Initial Public Offer (IPO). The report, prepared by ICRA Limited as the appointed monitoring agency, covers the quarter ended December 31, 2025.

IPO Proceeds Utilization Status

The monitoring report reveals the current status of fund deployment from the company's IPO that raised ₹640.05 crore, with net proceeds of ₹379.44 crore available for utilization after accounting for issue-related expenses.

Object-wise Fund Deployment

The report shows progress across three main categories of fund utilization as outlined in the original offer document.

Capital Expenditure for Manufacturing Facilities received the largest allocation of ₹230.00 crore, with ₹146.39 crore utilized to date, leaving ₹83.61 crore pending deployment. This includes funding for manufacturing facilities in Bhiwadi, Rajasthan (₹34.85 crore utilized against ₹53.85 crore allocated), Sri City, Andhra Pradesh (₹101.24 crore utilized against ₹144.73 crore allocated), and equipment purchase for Bhiwadi facility (₹10.31 crore utilized against ₹31.43 crore allocated).

Loan Repayment allocation of ₹80.00 crore has been fully utilized, while General Corporate Purposes allocation of ₹69.44 crore has also been completely deployed.

Shareholder Approval and Fund Reallocation

The company obtained shareholder approval through a postal ballot dated July 10, 2025, for reallocation of funds between different manufacturing facility projects. The monitoring agency noted that ₹61.36 crore was paid to a related party vendor for procurement of materials, which differs from the vendor specifications in the original prospectus but remains within acceptable parameters as outlined in the offer document.

Deployment of Unutilized Funds

The remaining ₹83.61 crore in unutilized proceeds has been strategically deployed in fixed deposits and monitoring accounts to ensure capital preservation while earning returns.

The monitoring agency confirmed no material deviations from the stated objects of the issue and noted that all projects remain on schedule for completion within FY2026 as originally planned.

Epack durable Limited has received a significant boost to its manufacturing operations with the receipt of Phase III incentive under the government's electronics manufacturing promotion scheme. The company announced this development through a regulatory filing dated February 06, 2026.

Government Incentive Details

The company has been awarded Phase III incentive of ₹7.36 crore under the Modified Special Incentive Package Scheme (M-SIPS) administered by the Ministry of IT & Electronics, Government of India. This scheme is specifically designed to promote electronics manufacturing in the country and supports the government's strategic initiatives.

Scheme Structure and Alignment

The M-SIPS scheme offers incentives in three phases for investments in capital expenditure for setting up electronic manufacturing units. EPACK Durable had applied and invested in the scheme to align with the Government of India's vision of "Make in India" and "Aatamnirbhar Bharat".

The scheme represents the government's commitment to:

• Promoting domestic electronics manufacturing
• Reducing import dependency
• Creating employment opportunities in the electronics sector
• Supporting the "Make in India" initiative

Regulatory Compliance

The announcement was made through a disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed.

The company has also committed to posting a copy of this disclosure on its official website at www.epackdurable.com , ensuring transparency and accessibility for all stakeholders. This incentive receipt marks a significant milestone in EPACK Durable's journey toward expanding its electronics manufacturing capabilities under government support schemes.