EPACK Durable Limited — Important, 20-12-2024: General Updates

The Board of EPACK Durable Limited approved the issuance of a corporate guarantee not exceeding ₹25 Cr to secure a term loan for Epavo Electricals Private Limited, a joint venture, aimed at enhancing its manufacturing facilities. The loan will support Epavo’s capital expenditure requirements, reflecting strategic financial support within the group.

Additionally, the Board executed a Trademark License Agreement with EPACK New Age Solutions Limited for the use of the “EPACK” trademark, terminating a prior agreement with EPACK Prefab Technologies Limited. This move consolidates brand management within group entities. Investors should watch closely for potential growth stemming from these strategic alliances and financing arrangements as the company positions itself for enhanced operational capabilities.