EPACK Prefab Technologies Undergoes GST Department Search at Multiple Premises

EPACK Prefab Technologies Limited, a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has disclosed that the Department of Goods and Service Tax (GST) conducted searches at its premises in Greater Noida. The searches, aimed at ascertaining potential GST evasion, took place on October 30-31.

Search Details

The GST Department's search operations were carried out at multiple locations:

Location	Date	Time
Registered Office and adjoining factory premises	October 30	4:15 PM - 9:55 PM
Corporate Office and adjoining factory premises	October 30-31	3:46 PM (Oct 30) - 9:45 AM (Oct 31)

The search was conducted by the Joint Director, DGGI, Gurugram Zonal Unit.

Company's Statement

EPACK Prefab Technologies has stated that the search has not impacted its financial, operational, or other activities. The company made this disclosure in compliance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Points

The search was conducted to ascertain if there was any GST evasion.
The company's registered office is located at 61B, Udyog Vihar, Greater Noida.
The corporate office is situated at B-13 Ecotech-1st Extension, Greater Noida.
EPACK Prefab Technologies is listed on NSE (Scrip Symbol: EPACKPEB) and BSE (Scrip Code: 544540).

The company has assured that this information will be available on its website under the investor relations section. As the investigation is ongoing, further details about the outcome of the search are yet to be disclosed.

EPACK Prefab Technologies, a player in the prefab construction technology sector, has announced securing significant purchase orders totaling approximately ₹139.61 crore (excluding taxes). This development marks a substantial business milestone for the company, potentially indicating strong demand for its prefabricated construction solutions.

Order Details

The company has received orders from three prominent clients:

Client	Scope of Work	Order Value (₹ in Crore)
J.K. Cement Limited	Supply & Erection of Rain Protection cover at Jaisalmer & Split GU at Nathdwra near Udaipur	23.50
Technical Associates Transformers Limited	Pre-Engineered Building for Transformer Plant near Lucknow	41.11
CG Power and Industrial Solutions Limited	Material Supply and Pre-engineered Building erection for Power Transformer Plant at Jahangirpura, Sehore Bhopal	75.00

Market Impact

The securing of these orders could be seen as a positive indicator for EPACK Prefab Technologies' business growth and market position. The diverse nature of the clients and projects showcases the company's capability to cater to various industries, from cement manufacturing to power solutions.

Company Overview

EPACK Prefab Technologies operates in the prefab construction technology sector, offering solutions that could potentially revolutionize traditional construction methods. The company's ability to secure large orders from established firms in different sectors may reflect the growing acceptance and demand for prefabricated construction solutions in India.

This development may be of interest to investors and market watchers focusing on the construction technology and infrastructure sectors. As always, stakeholders should consider this information alongside other financial and market factors when making investment decisions.

EPACK Prefab Technologies is listed on both the National Stock Exchange of India (NSE) under the scrip symbol EPACKPEB and on the BSE Limited with the scrip code 544540.