EPACK Durable Limited's Board of Directors convened on December 23, 2025, to approve significant corporate developments that underscore the company's strategic expansion plans and financial management initiatives. The board meeting was conducted in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Manufacturing Facility Approval

The board has approved the establishment of another manufacturing facility at Bhiwadi to address space constraints at the existing facility. This new facility will specifically handle air cooler production through relocation of existing production lines from the current Bhiwadi manufacturing unit.

Legal Proceedings Against Gangnam Steel

The company has initiated legal proceedings against M/s Gangnam Steel Retail Private Limited (formerly Gangnam Street Retail LLP) for willful non-payment of legitimate dues. The complaint has been filed with the Deputy Commissioner of Police, Economic Offences Wing (EOW), New Delhi.

Board Meeting Proceedings

The board meeting commenced at 5:30 p.m. and concluded at 6:40 p.m. on December 23, 2025. The decisions were made pursuant to Regulation 30 of SEBI Listing Regulations, with required disclosures as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Strategic Implications

These developments reflect EPACK Durable's dual approach to business growth and financial recovery. The new Bhiwadi facility represents operational optimization through strategic relocation, while the legal action demonstrates the company's commitment to recovering outstanding receivables and protecting its financial interests.

Epack Durable Limited has reported a recent change in its promoter shareholding. According to a disclosure made under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, the company's promoters have increased their stake through open market transactions.

Key Details of the Transaction

Impact on Share Capital

The acquisition has not affected the company's total equity share capital, which remains unchanged at Rs. 96.22 crores, divided into 9.62 crore shares with a face value of Rs. 10.00 each.

Regulatory Compliance

This transaction demonstrates the promoters' adherence to regulatory requirements, as they have promptly disclosed the acquisition under the SEBI takeover regulations. Such disclosures are crucial for maintaining transparency in the stock market and keeping shareholders informed about significant changes in ownership patterns.

Market Implications

While the increase in promoter holding is relatively small, it could be viewed positively by the market as it may signal the promoters' confidence in the company's future prospects. However, investors should consider this information alongside other financial and operational metrics when making investment decisions.

As always, it's advisable for investors to conduct thorough research and consider seeking professional financial advice before making any investment choices based on such corporate actions.